HB7730: Bankruptcy Threshold Adjustment Act
- Introduced (completed)
- 2Passed One Chamber (current step)
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
To amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.
Plain-language summary
This bill would change the rules about who can file for bankruptcy under federal law (Title 11 of the U.S. Code). The bill is sponsored by lawmakers from both political parties and focuses on modifying eligibility requirements—the conditions people must meet to use bankruptcy protection. 'Engrossed' means the bill has passed one and is ready to move to the other chamber for a vote. The exact changes to eligibility rules are not detailed in the available description.
AI-generated summary
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HB7730: Bankruptcy Threshold Adjustment Act
Upcoming hearings & events
Sponsors
Ben Cline
Primary SponsorCo-sponsors (6)
Luis Correa
Laurel Lee
Joseph Neguse
Lance Gooden
Zoe Lofgren