HR 7730
Passed a chamber
Raises the debt ceilings for businesses filing under the small business bankruptcy process to $7,500,000 and for individuals filing under Chapter 13 to $2,750,000.
Official title: Bankruptcy Threshold Adjustment Act
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
26-FEB-2026
Referred
26-FEB-2026
Approved by committee
26-MAR-2026
Reported
27-AUG-2026
On the calendar
27-AUG-2026
Passed
16-SEP-2026
Senate
Received
17-SEP-2026
Passed
28-SEP-2026
- Sets the small business bankruptcy debt limit at $7,500,000, excluding debts owed to affiliates or insiders, with at least 50 percent of the debt arising from the debtor's business activities
- Excludes single asset real estate businesses, SEC-reporting corporations, and their affiliates from the small business category
- Sets the Chapter 13 consumer debt limit at $2,750,000 for individuals, or for individuals and their spouses, excluding stockbrokers and commodity brokers
- Applies to cases commenced on or after the date of enactment
Covers an older version. The newest CRS summary describes the bill as of "Introduced in House" (26-FEB-2026); the text has changed since (Engrossed in House, 16-SEP-2026).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov- Judiciary Committee (House)
Finance and Financial Sector
■ 3 R■ 3 D
3 Democrats
3 Republicans