S 3977 119th Congress
Bankruptcy Threshold Adjustment Act of 2026
A bill to amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.
Official Title as Introduced Congress.gov
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Bill journey
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Introduction Congress.gov
Introduced
Introduced in the Senate.
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Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
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Introduced in Senate
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Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347.
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Placed on Calendar Senate
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Passed Senate without amendment by Unanimous Consent. (consideration: CR S4412; text: CR S4412)
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Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
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Engrossed in Senate
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Message on Senate action sent to the House.
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Received in the House.
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Held at the desk.
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| Date and time | Record | Official detail | Source |
|---|---|---|---|
| IntroductionIntroduced | Introduced in the Senate. | Congress.gov | |
| Official actionIntroduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. | No additional detail supplied.Calendars · Senate | Congress.gov | |
| Official actionIntroduced in Senate | No additional detail supplied.IntroReferral · Library of Congress · Code 10000 | Congress.gov | |
| Official actionRead the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347. | No additional detail supplied.Calendars · Senate | Congress.gov | |
| Text versionPlaced on Calendar Senate | A dated text-version record is available. | Congress.gov | |
| Official actionPassed Senate without amendment by Unanimous Consent. (consideration: CR S4412; text: CR S4412) | No additional detail supplied.Floor · Senate | Congress.gov | |
| Official actionPassed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. | No additional detail supplied.Floor · Library of Congress · Code 17000 | Congress.gov | |
| Text versionEngrossed in Senate | A dated text-version record is available. | Congress.gov | |
| Official actionMessage on Senate action sent to the House. | No additional detail supplied.Floor · Senate | Congress.gov | |
| Official actionReceived in the House. | No additional detail supplied.Floor · House floor actions · Code H14000 | Congress.gov | |
| Official actionHeld at the desk. | No additional detail supplied.Floor · House floor actions · Code H15000 | Congress.gov |
House roll calls join only on matching Congress, legislation type, and number. Senate roll calls join only on matching source-supplied document type and number, not question text. Committee and related-measure relationships have no date in their relationship records and therefore are counted above but never placed on the chronology.
Congressional Research Service
CRS summary
Bankruptcy Threshold Adjustment Act of 2026This 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.)
Official documents
Text versions
- Engrossed in SenateAug 3, 2026
- Placed on Calendar SenateMar 4, 2026