Passed One ChamberFiled Mar 3, 2026
Sponsor: Sen. Grassley, Chuck [R-IA] (R)
Latest Action
Held at the desk.
Aug 10, 2026
Summary
The Bankruptcy Threshold Adjustment Act of 2026 seeks to modify the financial limits that determine eligibility for bankruptcy relief. It would affect individuals and businesses that consider filing for bankruptcy by altering the criteria they must meet. The change is intended to update the system, though specific details are not provided in the available text.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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