U.S. Congress legislation · 119th Congress
HB7730: Bankruptcy Threshold Adjustment Act
Status: Passed both chambers, October 14, 2026
To amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.
What the bill says
An act To amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.
From the amended text, September 17, 2026:
AN ACT To amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes. SECTION 1. Short title This Act may be cited as the Bankruptcy Threshold Adjustment Act . SECTION 2. Debt limit modifications (a) Modification to the small business bankruptcy debt limit Section 1182(1) of title 11, United States Code, is amended to read as and (B) does not include-- (i) any member of a group of affiliated debtors under this title that has aggregate noncontingent liquidated secured and unsecured debts in an amount greater than $7,500,000 (excluding debt owed to 1 or more affiliates or insiders); (ii) any debtor that is a corporation subject to the reporting requirements under section 13 or 15(d) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78m , 78o(d)); or (iii) any debtor that is an affiliate of a corporation described in clause (ii). . (b) Modification to the consumer bankruptcy debt limit Section 109 of title 11, United States Code, is amended by striking subsection (e) and inserting the following: (e) Only an individual with regular income that owes, on the date of the filing of the petition, noncontingent, liquidated debts that aggregate less than $2,750,000 or an individual with regular income and such individual's spouse, except a stockbroker or a commodity broker, that …
Sponsors
- Ben Cline (R, HD-006) · primary sponsor
- Luis Correa (D, HD-CA-46)
- Laurel Lee (R, HD-FL-15)
- Joseph Neguse (D, HD-CO-2)
- Lance Gooden (R, HD-005)
- Zoe Lofgren (D)
- David Taylor (R, HD-002)
Latest actions
- : Message on Senate action sent to the House.
- : Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123)
- : Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. (consideration: CR S5123)
- : Received in the Senate, read twice.
- : Motion to reconsider laid on the table Agreed to without objection.
- : On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5939-5940)
- : Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
- : On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
- : Considered under suspension of the rules. (consideration: CR H5939-5941)
- : DEBATE - The House proceeded with forty minutes of debate on H.R. 7730.
Subjects: Small business, Bankruptcy, Debt collection, Finance and Financial Sector
Common questions
- What is HB7730?
- HB7730 is a bill in Congress (119th Congress): Bankruptcy Threshold Adjustment Act.
- What does HB7730 do?
- In its own words: An act To amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.
- What is the status of HB7730?
- Passed both chambers as of October 14, 2026. Latest action: Message on Senate action sent to the House. (October 14, 2026).
- Who sponsored HB7730?
- Ben Cline (R, HD-006), with 6 co-sponsors.
- Where is the official record for HB7730?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/7730
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.