Bankruptcy Threshold Adjustment Act of 2026 passed the Senate 153 days after introduction and awaits a vote in the House
IntroducedMar 3, 2026
Reported—
Passed one chamberAug 3, 2026
Passed both—
Law—
What it changes · CRS summary
Written by the Congressional Research Service [2]. 92 words.
Bankruptcy Threshold Adjustment Act of 2026 This bill restores changes that expired in 2024 applicable to debt limits for Subchapter V (small business reorganization) and Chapter 13 (the wage earner's plan) bankruptcies. Specifically, the bill increases the debt limit under Subchapter V from approximately $3.4 million to $7.5 million and increases the cumulative debt limit under Chapter 13 from approximately $2.1 million to $2.75 million. The bill also applies both secured and unsecured debt towards the Chapter 13 limit. (Currently, separate limits apply to secured and unsecured debt under Chapter 13 bankruptcy.)
Context
- Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 19 of 426 bills enacted since 2013
- Text versions
- 2, from placed on calendar senate to engrossed in senate · 375 words
- Subjects
- BankruptcyDebt collectionSmall business
- Latest action
- Aug 10, 2026: Held at the desk.
- Records
- Congress.gov · Bill text
Exhibit 1Passage odds band at each stage, rated when the bill reached it [4]
Related bills · 1
Each bill appears once, under its strongest link. 1 in all.
Identical or companion · 1
- 119th H.R. 7730 Bankruptcy Threshold Adjustment Act R · Passed both
Exhibit 2Articles naming the bill per day, last 90 days, US sources [3]