United States · Law · S
S. 3823 (117th)
Bankruptcy Threshold Adjustment and Technical Corrections Act
Introduced
14 March 2022
Last action
21 June 2022 · President
Status
Became Public Law No: 117-151.
Sponsors
Sen. Grassley, Chuck [R-IA], Sen. Durbin, Richard J. [D-IL], Sen. Whitehouse, Sheldon [D-RI], Sen. Cornyn, John [R-TX]
Subjects
Discovery layer
Source updated
10 August 2026
Summary
Bankruptcy Threshold Adjustment and Technical Corrections Act This bill modifies provisions related to small business reorganization bankruptcies and wage earner's bankruptcies. Specifically, the bill makes permanent the increase of the amount of debt allowed to be carried by debtors to qualify for small business reorganization bankruptcy and provides that this debt limit is subject to adjustment for inflation. Additionally, it provides that a small business debtor includes a debtor that is an affiliate of certain publicly traded companies. Further, it authorizes the bankruptcy trustee to operate the business of the debtor if the debtor ceases to be a debtor in possession. The bill also increases the debt limit for individuals filing for bankruptcy under Chapter 13 (i.e., the wage earner's plan) and allows both secured and unsecured debt to count towards this single limit. (Currently, separate limits apply to secured and unsecured debt.)
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
14 March 2022
Introduced
Introduced in Senate
Source: IntroReferral
14 March 2022
Introduced
Read twice and referred to the Committee on the Judiciary.
Source: IntroReferral
7 April 2022
Floor
Measure laid before Senate by unanimous consent. (consideration: CR S2081-2082)
Source: Floor
7 April 2022
Passed
Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(text of amendment in the nature of a substitute: CR S2081)
Source: Floor
7 April 2022
Discharge
Senate Committee on the Judiciary discharged by Unanimous Consent.
Source: Discharge
7 April 2022
Committee
Senate Committee on the Judiciary discharged by Unanimous Consent.
Source: Committee
8 April 2022
Floor
Message on Senate action sent to the House.
Source: Floor
11 April 2022
Floor
Held at the desk.
Source: Floor
11 April 2022
Floor
Received in the House.
Source: Floor
7 June 2022
Vote
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Source: Floor
7 June 2022
Floor
DEBATE - The House proceeded with forty minutes of debate on S. 3823.
Source: Floor
7 June 2022
Floor
Mr. Neguse moved to suspend the rules and pass the bill.
Source: Floor
7 June 2022
Passed
Motion to reconsider laid on the table Agreed to without objection.
Source: Floor
7 June 2022
Vote
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 392 - 21 (Roll no. 234). (text: CR H5260-5261)
Source: Floor
7 June 2022
Vote
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 392 - 21 (Roll no. 234).
Source: Floor
7 June 2022
Floor
Considered under suspension of the rules. (consideration: CR H5260-5262)
Source: Floor
9 June 2022
Floor
Presented to President.
Source: Floor
9 June 2022
President
Presented to President.
Source: President
21 June 2022
Became law
Became Public Law No: 117-151.
Source: President
21 June 2022
Became law
Signed by President.
Source: BecameLaw
21 June 2022
President
Signed by President.
Source: President
Votes
7 June 2022 · passed · On Motion to Suspend the Rules and Pass · Passed · Official source
Yes 392 · No 21 · Abstain — · Absent/not voting 14
- Rep. Ferguson, A. Drew, IV [R-GA-3]Yea
- Rep. McEachin, A. Donald [D-VA-4]Yea
- Rep. Spanberger, Abigail Davis [D-VA-7]Yea
- Rep. Kinzinger, Adam [R-IL-16]Not Voting
Showing the first 4 recorded positions. Vote totals above are complete.
Versions
- Enrolled Bill · — · Download file
- Public Law · 22 June 2022 · Download file
- Engrossed in Senate · 7 April 2022 · Download file
- Introduced in Senate · 14 March 2022 · Download file
Documents
12 official files
Enrolled Bill (text)
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Enrolled Bill (text)
Enrolled Bill · EN
Enrolled Bill (PDF)
Enrolled Bill · EN
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Public Law (text)
Public Law · EN · 22 June 2022
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Public Law (PDF)
Public Law · EN · 22 June 2022
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Public Law
summary · EN · 21 June 2022
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Passed House
summary · EN · 7 June 2022
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Engrossed in Senate (text)
Engrossed in Senate · EN · 7 April 2022
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Engrossed in Senate (PDF)
Engrossed in Senate · EN · 7 April 2022
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Passed Senate
summary · EN · 7 April 2022
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Introduced in Senate (text)
Introduced in Senate · EN · 14 March 2022
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Introduced in Senate (PDF)
Introduced in Senate · EN · 14 March 2022
ViewDownloadOpen at official source
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Introduced in Senate
summary · EN · 14 March 2022
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Sen. Grassley, Chuck [R-IA] · R · Sponsor
- Sen. Durbin, Richard J. [D-IL] · D · Sponsor
- Sen. Whitehouse, Sheldon [D-RI] · D · Sponsor
- Sen. Cornyn, John [R-TX] · R · Sponsor
- · ssju00 · Standing
Related records
Related across the Repo ecosystem
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Direct relationships
- Legal framework · Bankruptcy Threshold Adjustment and Technical Corrections Act · S. 3823 (117th) · US
- Identifier matchPROJECTS_FROM
Same us record 117-s-3823 projected from PoliticalRepo US row.
Bankruptcy Threshold Adjustment and Technical Corrections Act
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/3823
- Open data entity: https://api.congress.gov/v3/bill/117/s/3823
- us · 117-s-3823 · source updated 10 August 2026