U.S. Congress legislation · 119th Congress
HB10724: To amend title 11, United States Code, to clarify the rules for the exceptions to the discharge of the debt of an individual debtor, and for other purposes.
Status: In committee, October 5, 2026
What the bill says
To amend title 11, United States Code, to clarify the rules for the exceptions to the discharge of the debt of an individual debtor, and for other purposes.
From the introduced text, October 5, 2026:
A BILL To amend title 11, United States Code, to clarify the rules for the exceptions to the discharge of the debt of an individual debtor, and for other purposes. SECTION 1. Clarification of exception to discharge of individual debtor Section 523(a) of title 11, United States Code, is amended-- (1) in paragraph (2)-- (A) by amending subparagraph (A) to read as ; (B) in subparagraph (B), in the matter preceding clause (i), by inserting after use the and (2) by amending paragraph (4) to read as follows: (4) for, when committed by the debtor-- (A) fraud or defalcation while acting in a fiduciary capacity; (B) embezzlement; or (C) larceny; .
Sponsors
- Luis Correa (D, HD-CA-46) · primary sponsor
- Laurel Lee (R, HD-FL-15)
Latest actions
- : Referred to the House Committee on the Judiciary.
- : Introduced in House
Subjects: Finance and Financial Sector
Common questions
- What is HB10724?
- HB10724 is a bill in Congress (119th Congress): To amend title 11, United States Code, to clarify the rules for the exceptions to the discharge of the debt of an individual debtor, and for other purposes.
- What does HB10724 do?
- In its own words: To amend title 11, United States Code, to clarify the rules for the exceptions to the discharge of the debt of an individual debtor, and for other purposes.
- What is the status of HB10724?
- In committee as of October 5, 2026. Latest action: Referred to the House Committee on the Judiciary. (October 5, 2026).
- Who sponsored HB10724?
- Luis Correa (D, HD-CA-46), with 1 co-sponsor.
- Where is the official record for HB10724?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/10724
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.