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Bankruptcy Threshold Adjustment Act of 2026

USA119th CongressHR-7730| House 
| Updated: 3/26/2026
Ben Cline

Ben Cline

Republican Representative

Virginia

Cosponsors (5)
Lance Gooden (Republican)J. Luis Correa (Democratic)Laurel M. Lee (Republican)Joe Neguse (Democratic)Zoe Lofgren (Democratic)

Judiciary Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill, known as the Bankruptcy Threshold Adjustment Act of 2026, aims to modify specific eligibility requirements within the U.S. Bankruptcy Code. Its primary purpose is to increase the debt limits for certain types of bankruptcy filings, making these options accessible to a broader range of debtors. Specifically, the legislation amends Title 11 to raise the aggregate noncontingent liquidated secured and unsecured debt threshold for small businesses to qualify for reorganization under Subchapter V of Chapter 11 to $7,500,000 . Concurrently, it adjusts the eligibility criteria for individuals seeking relief under Chapter 13, increasing their maximum noncontingent, liquidated debt limit to $2,750,000 . These changes apply to all bankruptcy cases commenced on or after the bill's enactment date.
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Timeline
Feb 26, 2026
Introduced in House
Feb 26, 2026
Referred to the House Committee on the Judiciary.
Mar 4, 2026

Latest Companion Bill Action

S 119-3977
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347.
Mar 26, 2026
Committee Consideration and Mark-up Session Held
Mar 26, 2026
Ordered to be Reported (Amended) by Voice Vote.
  • February 26, 2026
    Introduced in House


  • February 26, 2026
    Referred to the House Committee on the Judiciary.


  • March 4, 2026

    Latest Companion Bill Action

    S 119-3977
    Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347.


  • March 26, 2026
    Committee Consideration and Mark-up Session Held


  • March 26, 2026
    Ordered to be Reported (Amended) by Voice Vote.

Finance and Financial Sector

Related Bills

  • S 119-3977: Bankruptcy Threshold Adjustment Act of 2026
BankruptcySmall business

Bankruptcy Threshold Adjustment Act of 2026

USA119th CongressHR-7730| House 
| Updated: 3/26/2026
This bill, known as the Bankruptcy Threshold Adjustment Act of 2026, aims to modify specific eligibility requirements within the U.S. Bankruptcy Code. Its primary purpose is to increase the debt limits for certain types of bankruptcy filings, making these options accessible to a broader range of debtors. Specifically, the legislation amends Title 11 to raise the aggregate noncontingent liquidated secured and unsecured debt threshold for small businesses to qualify for reorganization under Subchapter V of Chapter 11 to $7,500,000 . Concurrently, it adjusts the eligibility criteria for individuals seeking relief under Chapter 13, increasing their maximum noncontingent, liquidated debt limit to $2,750,000 . These changes apply to all bankruptcy cases commenced on or after the bill's enactment date.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Feb 26, 2026
Introduced in House
Feb 26, 2026
Referred to the House Committee on the Judiciary.
Mar 4, 2026

Latest Companion Bill Action

S 119-3977
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347.
Mar 26, 2026
Committee Consideration and Mark-up Session Held
Mar 26, 2026
Ordered to be Reported (Amended) by Voice Vote.
  • February 26, 2026
    Introduced in House


  • February 26, 2026
    Referred to the House Committee on the Judiciary.


  • March 4, 2026

    Latest Companion Bill Action

    S 119-3977
    Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347.


  • March 26, 2026
    Committee Consideration and Mark-up Session Held


  • March 26, 2026
    Ordered to be Reported (Amended) by Voice Vote.
Ben Cline

Ben Cline

Republican Representative

Virginia

Cosponsors (5)
Lance Gooden (Republican)J. Luis Correa (Democratic)Laurel M. Lee (Republican)Joe Neguse (Democratic)Zoe Lofgren (Democratic)

Judiciary Committee

Finance and Financial Sector

Related Bills

  • S 119-3977: Bankruptcy Threshold Adjustment Act of 2026
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
BankruptcySmall business