S. 3823Bankruptcy Threshold Adjustment and Technical Corrections Act

1 recorded action234 of these members are on the 2026 ballotWhat the measure does Read on Congress.gov

Sponsor: Chuck Grassley [R-IA]
Cosponsors: 3 · 2 Democrats · 1 Republican
Policy area: Finance and Financial Sector
Committee: Judiciary Committee
Latest action: Jun 21, 2022 · Became Public Law No: 117-151.

IntroducedMar 14, 2022
Passed the SenateApr 7, 2022
Passed the HouseJun 7, 2022
Sent to the PresidentJun 9, 2022
Became lawJun 21, 2022

What the measure doesCRS summary

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.)

Written by the nonpartisan Congressional Research Service, describing S. 3823 as public Law on Jun 21, 2022. It is not the text of the measure; a later amendment may have changed what it does.

How every member votedHouse roll call 234

House Jun 7, 2022

On Motion to Suspend the Rules and Pass

Bankruptcy Threshold Adjustment and Technical Corrections Act

Passed · Two-thirds required

392 Yea 21 Nay 14 not voting

Crossed both parties 21 of 413 voting members broke with their own party: 21 Republicans.

Open the official roll call

How the chamber split

One dot per member. Select a seat or a bar to filter the list.

DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present

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All members427 members

Democratic219 members

Republican208 members

marks half of the votes cast. A party’s majority is the side most of its voting members took.

Cosponsors3 · 2 Democrats · 1 Republican

Signing on is not a vote: a member can cosponsor S. 3823 and vote against it. 3 signed when it was filed.

DRichard J. Durbin [D-IL]Original

DSheldon Whitehouse [D-RI]Original

RJohn Cornyn [R-TX]Original2026 profile

Loading the public record

S. 3823Bankruptcy Threshold Adjustment and Technical Corrections Act

What the measure doesCRS summary

How every member votedHouse roll call 234

On Motion to Suspend the Rules and Pass

How the chamber split

Cosponsors3 · 2 Democrats · 1 Republican

S. 3823Bankruptcy Threshold Adjustment and Technical Corrections Act

What the measure doesCRS summary

How every member votedHouse roll call 234

On Motion to Suspend the Rules and Pass

How the chamber split

Cosponsors3 · 2 Democrats · 1 Republican

Who lobbied on S. 38232 organizations

Who lobbied on S. 38232 organizations