H.R. 7730 · 119th Congress
Bankruptcy Threshold Adjustment Act
Status: Passed Congress
- Introduced (done)
- Committee (done)
- Passed House (done)
- Passed Senate (current)
- To President
- Law
Latest action
: Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123)
Summary
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.)
Summary by the Congressional Research Service.
Actions
- Senate
Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123)
- Senate
Received in the Senate, read twice.
- House
Motion to reconsider laid on the table Agreed to without objection.
- House
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5939-5940)
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
- House
DEBATE - The House proceeded with forty minutes of debate on H.R. 7730.
- House
Considered under suspension of the rules. (consideration: CR H5939-5941)
- House
Mr. Cline moved to suspend the rules and pass the bill, as amended.
- House
Placed on the Union Calendar, Calendar No. 684.
- House
Reported (Amended) by the Committee on Judiciary. H. Rept. 119-783.
- House
Ordered to be Reported (Amended) by Voice Vote.
- House
Committee Consideration and Mark-up Session Held
Show 2 earlier actions
- House
Referred to the House Committee on the Judiciary.
Introduced in House