119th Congress
H.R. 7730
Bankruptcy Threshold Adjustment Act
- Introduced
- In committee
- Passed House
- Passed Senate
- To President
- Became law
- Sponsor
- Ben Cline(R-VA)
- Introduced
- Feb 26, 2026
- Policy area
- Finance and Financial Sector
- Committees
- House Committee on the Judiciary
- Official text
- Received in Senate · Congress.gov page
Cosponsors (6)
Original cosponsors (3)
- J. Luis Correa (D-CA)
- Joe Neguse (D-CO)
- Laurel M. Lee (R-FL)
Added later (3)
- Lance Gooden (R-TX) · Mar 24, 2026
- Zoe Lofgren (D-CA) · Mar 25, 2026
- David J. Taylor (R-OH) · Jun 8, 2026
Summary
Summary by the Congressional Research Service· describes the “Introduced in House” version
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.)
Roll-call votes
No recorded votes on this bill.
Actions
- Sep 28, 2026 · Senate
Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123) - Sep 17, 2026 · Senate
Received in the Senate, read twice. - Sep 16, 2026 · House
Motion to reconsider laid on the table Agreed to without objection. - Sep 16, 2026 · House
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5939-5940) - Sep 16, 2026
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. - Sep 16, 2026 · House
DEBATE - The House proceeded with forty minutes of debate on H.R. 7730. - Sep 16, 2026 · House
Considered under suspension of the rules. (consideration: CR H5939-5941) - Sep 16, 2026 · House
Mr. Cline moved to suspend the rules and pass the bill, as amended. - Aug 27, 2026 · House
Placed on the Union Calendar, Calendar No. 684. - Aug 27, 2026 · House
Reported (Amended) by the Committee on Judiciary. H. Rept. 119-783. - Mar 26, 2026
Ordered to be Reported (Amended) by Voice Vote. - Mar 26, 2026
Committee Consideration and Mark-up Session Held - Feb 26, 2026 · House
Referred to the House Committee on the Judiciary. - Feb 26, 2026
Introduced in House