The record
Legislation· Oct 2026
Bankruptcy Threshold Adjustment Act
Raises debt limits for small business and consumer bankruptcies that expired in 2024.
Tradeoff
Allows more people to use faster, less disruptive bankruptcy reorganization options. Does not change federal spending or revenue.
What's in it
The House passed this by on September 16, 2026. The Senate passed it by on September 28, 2026.
House
Introduced
(Feb 26, 2026)
House
Committee on the Judiciary(Feb 26, 2026)
House
The Committee on Judiciary voted to send it to the floor
Reported by (Mar 26, 2026)
Committee report H. Rept. 119-783.
House
Passage of the bill
Passed by (Sep 16, 2026)
No individual votes were recorded.
Senate
Received from the House
Received(Sep 17, 2026)
Senate
Passage of the bill
Passed by (Sep 28, 2026)
No individual votes were recorded.
- J. Luis Correa (D-CA)
- Laurel M. Lee (R-FL)
- Joe Neguse (D-CO)
- Lance Gooden (R-TX)
- Zoe Lofgren (D-CA)
- David J. Taylor (R-OH)