United States · Bill · S
S. 3977 (119th)
Bankruptcy Threshold Adjustment Act of 2026
Introduced
3 March 2026
Last action
—
Status
Held at the desk.
Sponsors
—
Subjects
Discovery layer
Source updated
26 August 2026
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.)
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Timeline
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Votes
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Versions
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Documents
3 official files
Engrossed in Senate
Engrossed in Senate
Engrossed in Senate · EN · 3 August 2026
Passed Senate
summary · EN · 3 August 2026
Placed on Calendar Senate
Placed on Calendar Senate · EN · 4 March 2026
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/119th-congress/senate-bill/3977
- Open data entity: https://api.congress.gov/v3/bill/119/s/3977