H.R. 7730 Passed both chambers Finance and Financial Sector

Bankruptcy Threshold Adjustment Act

To amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Cline, Ben [R-VA-6] Introduced February 26, 2026 Cosponsors 6 (3 D, 3 R) Latest action September 28, 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.)

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  1. Sep 28, 2026 Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123)
  2. Sep 17, 2026 Received in the Senate, read twice.
  3. Sep 16, 2026 Motion to reconsider laid on the table Agreed to without objection.
  4. Sep 16, 2026 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5939-5940)
  5. 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.
  6. Sep 16, 2026 DEBATE - The House proceeded with forty minutes of debate on H.R. 7730.
  7. Sep 16, 2026 Considered under suspension of the rules. (consideration: CR H5939-5941)
  8. Sep 16, 2026 Mr. Cline moved to suspend the rules and pass the bill, as amended.
  9. Aug 27, 2026 Placed on the Union Calendar, Calendar No. 684.
  10. Aug 27, 2026 Reported (Amended) by the Committee on Judiciary. H. Rept. 119-783.
  11. Mar 26, 2026 Ordered to be Reported (Amended) by Voice Vote.
  12. Mar 26, 2026 Committee Consideration and Mark-up Session Held

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