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H.R. 7730

Passed Senate

Bankruptcy Threshold Adjustment Act

Introduced 2/26/2026•119th Congress•House

Latest Action

Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123)

9/28/2026 • Senate

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.)

Introduced in House • 2/26/2026

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Topics & Subjects

BankruptcyDebt collectionSmall business

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (7)

Party Breakdown

3
Democrats
4
Republicans
0
Independents

Sponsor

R[
Rep. Cline, Ben [R-VA-6]

Republican • VA-6

Sponsored 2/26/2026

Cosponsors (6)

R[
Rep. Correa, J. Luis [D-CA-46]

D-CA-46

Joined 2/26/2026

R[
Rep. Lee, Laurel M. [R-FL-15]

R-FL-15

Joined 2/26/2026

R[
Rep. Neguse, Joe [D-CO-2]

D-CO-2

Joined 2/26/2026

R[
Rep. Gooden, Lance [R-TX-5]

R-TX-5

Joined 3/24/2026

R[
Rep. Lofgren, Zoe [D-CA-18]

D-CA-18

Joined 3/25/2026

R[
Rep. Taylor, David J. [R-OH-2]

R-OH-2

Joined 6/8/2026

Bill Journey

Originated in the House

Introduced

February 26, 2026

Committee Review

March 26, 2026

Floor Debate

September 16, 2026

Passed Chamber

September 16, 2026

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.

Other Chamber

President

Enacted into Law

Text Versions (5)

Committee Reports (1)

Details

Bill TypeHR
Current StatusPassed Senate
Cosponsors6