S. 3823 · 117th Congress

Bankruptcy Threshold Adjustment and Technical Corrections Act

Introduced on Mar 14, 2022 by Chuck Grassley (R-IA). 3 cosponsors, 2 of them from another party. Became Public Law 117-151.

Stage
Became law
Public Law 117-151
Introduced
Mar 14, 2022
Cosponsors
3
2 from the other party
Policy area
Finance and Financial Sector
Open in the Congress explorerCongress.govAlert me

Progress

The furthest stage the measure reached. Simple and concurrent resolutions do not go to the President.

  1. Introduced
  2. Reported by committee
  3. Passed one chamber
  4. Passed both chambers
  5. Sent to the President
  6. Became law

Official title

A bill to amend title 11, United States Code, to modify the eligibility requirements for a debtor under chapter 13, and for other purposes.

Subjects

  • Bankruptcy
  • Corporate finance and management
  • Inflation and prices
  • Small business

Summary

By the Congressional Research Service (Public Law, Jun 21, 2022). Public domain.

Bankruptcy Threshold Adjustment and Technical Corrections Act

This bill modifies provisions related to small business reorganization bankruptcies and wage earner's bankruptcies.

Specifically, the bill extends for two years the increase of the amount of debt allowed to be carried by debtors to qualify for small business reorganization bankruptcy and provides that this debt limit is subject to adjustment for inflation. Additionally, it provides that a small business debtor includes a debtor that is an affiliate of certain publicly traded companies. Further, it authorizes the bankruptcy trustee to operate the business of the debtor if the debtor ceases to be a debtor in possession.

The bill also increases for two years the debt limit for individuals filing for bankruptcy under Chapter 13 (i.e., the wage earner's plan) and allows both secured and unsecured debt to count towards this single limit. (Currently, separate limits apply to secured and unsecured debt.)

Sponsor and cosponsors

Cosponsors by party as of the day they signed on. Original cosponsors signed on the day of introduction.

Chuck GrassleyR-IASponsor

Democrats · 2

Republicans · 1

Roll calls

Recorded votes on the measure. Most measures move by voice vote or unanimous consent, which record no individual positions.

  1. On Motion to Suspend the Rules and Pass
    Jun 7, 2022· House· Passage· Passed 392–21

History

Every action as published, oldest first. Roll calls link to how each member voted.

  1. Mar 14, 2022Introduced in Senate
  2. Mar 14, 2022 · SenateRead twice and referred to the Committee on the Judiciary.
  3. Apr 7, 2022Senate Committee on the Judiciary discharged by Unanimous Consent.
  4. Apr 7, 2022 · SenateSenate Committee on the Judiciary discharged by Unanimous Consent.
  5. Apr 7, 2022 · SenateMeasure laid before Senate by unanimous consent. (consideration: CR S2081-2082)
  6. Apr 7, 2022Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(text of amendment in the nature of a substitute: CR S2081)
  7. Apr 7, 2022 · SenatePassed Senate with an amendment by Unanimous Consent. (text of amendment in the nature of a substitute: CR S2081)
  8. Apr 8, 2022 · SenateMessage on Senate action sent to the House.
  9. Apr 11, 2022 · HouseReceived in the House.
  10. Apr 11, 2022 · HouseHeld at the desk.
  11. Jun 7, 2022 · HouseMr. Neguse moved to suspend the rules and pass the bill.
  12. Jun 7, 2022 · HouseConsidered under suspension of the rules. (consideration: CR H5260-5262)
  13. Jun 7, 2022 · HouseDEBATE - The House proceeded with forty minutes of debate on S. 3823.
  14. Jun 7, 2022 · HouseAt the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
  15. Jun 7, 2022 · HouseConsidered as unfinished business. (consideration: CR H5322-5323)
  16. Jun 7, 2022Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 392 - 21 (Roll no. 234).House · Roll call 234
  17. Jun 7, 2022 · HouseOn motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 392 - 21 (Roll no. 234). (text: CR H5260-5261)House · Roll call 234
  18. Jun 7, 2022 · HouseMotion to reconsider laid on the table Agreed to without objection.
  19. Jun 9, 2022Presented to President.
  20. Jun 9, 2022 · HousePresented to President.
  21. Jun 21, 2022Signed by President.
  22. Jun 21, 2022Signed by President.
  23. Jun 21, 2022Became Public Law No: 117-151.
  24. Jun 21, 2022Became Public Law No: 117-151.

Committees

Committees and subcommittees the measure was referred to.

Agencies in its committees' jurisdiction

Analisa's mapping of committee jurisdiction to federal agencies; the bill may touch others, or none of these.

Who lobbied on it

Organizations whose lobbying reports (LD-2) name this measure. Spending is what they reported for those quarters on all issues, not on this measure alone.

  1. AMERICAN BAR ASSOCIATION3 reports
    $670K reported (all issues)Federal contractor: AMERICAN BAR ASSOCIATIONAI match · 100%

Reports filed in 2023.

Sources and method

Every figure on this page traces to these records.

  • Bill status: bills and resolutions, sponsors, actions, subjects and CRS summaries (U.S. Government Publishing Office (GovInfo), from Congress.gov (Library of Congress))GovInfo Bill Status bulk data (Congress.gov; summaries by the Congressional Research Service) · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Members of Congress, their terms, committees and identifiers (The @unitedstates project (from the Biographical Directory of the U.S. Congress, the House and the Senate))unitedstates/congress-legislators: legislators, committees and current committee membership · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: CC0 1.0 (public domain dedication)
  • House roll-call votes (Office of the Clerk, U.S. House of Representatives)Office of the Clerk, U.S. House of Representatives, roll-call vote records · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Senate roll-call votes and DW-NOMINATE scores (Voteview (UCLA Department of Political Science))Lewis, Jeffrey B., Keith Poole, Howard Rosenthal, Adam Boche, Aaron Rudkin, and Luke Sonnet (2026). Voteview: Congressional Roll-Call Votes Database. https://voteview.com/ · data current to Oct 3, 2026 · loaded Oct 3, 2026 · license: Free to use with the required citation
  • Lobbying disclosures (LD-1 registrations, LD-2 quarterly reports, LD-203 contribution reports) (Clerk of the U.S. House of Representatives)Clerk of the House, Lobbying Disclosure Act filings (organizations only; lobbyists' names are not loaded) · data current to Oct 6, 2026 · loaded Oct 6, 2026 · license: Public domain (U.S. Government work, 17 U.S.C. § 105)
  • Positions are shown only where a roll call recorded them; voice votes and unanimous consent record none.
  • Money and votes are shown side by side; neither explains the other.