Raises the minimum amount in controversy for diversity jurisdiction in federal court from $75,000 to $150,000, with future increases tied to inflation every ten years.

• Sets the minimum amount in controversy for federal diversity cases at $150,000, replacing the $75,000 figure in 28 U.S.C. 1332
• Starting January 1, 2030, and every ten years after, adjusts the amount for changes in the Consumer Price Index for All Urban Consumers, rounded to the nearest $25,000
• Requires the Director of the Administrative Office of the United States Courts to publish each new amount in the Federal Register by November 15 of the year before it takes effect
• Allows a district court to deny costs to a plaintiff who recovers less than the required amount and to impose costs on that plaintiff

• Judiciary Committee (Senate)

Law