Bill

BILL • US SENATE

S 3977

Bankruptcy Threshold Adjustment Act of 2026

119th Congress
Introduced by Chris Coons, John Cornyn, Dick Durbin and 3 other co-sponsors

S 3977 updates bankruptcy income thresholds and exemption limits for the first time since 2005 to adjust for inflation, expanding relief access for struggling debtors while potentially reducing creditor protections.

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347.
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