S. 3977 · 119th Congress · pending
Bankruptcy Threshold Adjustment Act of 2026
Held at the desk.
Latest official action 2026-08-10 · Unknown
The bill, briefly
Bankruptcy Threshold Adjustment Act of 2026 This bill restores changes that expired in 2024 applicable to debt limits for Subchapter V (small business reorganization) and Chapter 13 (the wage earner's plan) bankruptcies. Specifically, the bill increases the debt limit under Subchapter V from approximately $3.4 million to $7.5 million and increases the cumulative debt limit under Chapter 13 from approximately $2.1 million to $2.75 million. The bill also applies both secured and unsecured debt towards the Chapter 13 limit. (Currently, separate limits apply to secured and unsecured debt under Chapter 13 bankruptcy.)
Congressional Research Service · 2026-08-03
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.
No matching lobbying report is imported yet. This is not evidence that no lobbying occurred.
2,409 latest lobbying reports imported. Some source imports are still in progress.
Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
Sponsor
Chuck Grassley
Senate · IA · Republican
$57,500PAC receipts · 2025–2026
Cosponsor
Richard J. Durbin
Senate · IL · Democratic
-$24,800PAC receipts · 2025–2026
Cosponsor
John Cornyn
Senate · TX · Republican
$1,943,978PAC receipts · 2025–2026
Cosponsor
Sheldon Whitehouse
Senate · RI · Democratic
$55,000PAC receipts · 2025–2026
Cosponsor
Christopher A. Coons
Senate · DE · Democratic
$1,411,794PAC receipts · 2025–2026
5 of 5 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.
PAC donors to the listed sponsors
These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.
AMERICAN BANKERS ASSOCIATION PAC (BANKPAC)$25,000
CAPITAL ONE FINANCIAL CORP. ASSOC. POLITICAL FUND$25,000
AMERICA'S CREDIT UNIONS PAC$21,000
DELOITTE POLITICAL ACTION COMMITTEE$20,000
EMPLOYEES OF NORTHROP GRUMMAN CORPORATION PAC$20,000
GENERAL ATOMICS POLITICAL ACTION COMMITTEE$20,000
LOCKHEED MARTIN CORPORATION EMPLOYEES' POLITICAL ACTION COMMITTEE$20,000
NATIONAL MULTIFAMILY HOUSING COUNCIL AND REAL ESTATE TECHNOLOGY AND TRANSFORMATION CENTER POLITICAL ACTION COMMITTEE (NMHC PAC)$20,000
PRICEWATERHOUSECOOPERS POLITICAL ACTION COMMITTEE I$20,000
WALMART INC. PAC FOR RESPONSIBLE GOVERNMENT$20,000
TEXTRON INC. POLITICAL ACTION COMMITTEE$19,500
TEXAS FARM BUREAU AGFUND$19,238
John Cornyn · Cosponsor · $19,238
Official PAC recordGENERAL DYNAMICS CORPORATION POLITICAL ACTION COMMITTEE (GENERAL DYNAMICS EMPLOYEE PAC)$19,000
AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS POLITICAL ACTION COMMITTEE$17,500
ERNST & YOUNG POLITICAL ACTION COMMITTEE$17,500
UBS AMERICAS INC. POLITICAL ACTION COMMITTEE (UBS PAC)$17,500
AMERICAN ISRAEL PUBLIC AFFAIRS COMMITTEE POLITICAL ACTION COMMITTEE$16,988
NATIONAL ASSOCIATION OF REALTORS POLITICAL ACTION COMMITTEE$16,200
Richard J. Durbin · Cosponsor · $1,200
John Cornyn · Cosponsor · $10,000
Christopher A. Coons · Cosponsor · $5,000
Official PAC recordAMERICAN AIRLINES INC. POLITICAL ACTION COMMITTEE (AAPAC)$16,000
ABBOTT LABORATORIES EMPLOYEE POLITICAL ACTION COMMITTEE$15,000
AFLAC POLITICAL ACTION COMMITTEE (AFLAC PAC)$15,000
BUILD POLITICAL ACTION COMMITTEE OF THE NATIONAL ASSOCIATION OF HOME BUILDERS (BUILDPAC)$15,000
COMCAST CORPORATION & NBCUNIVERSAL POLITICAL ACTION COMMITTEE - FEDERAL$15,000
CONOCOPHILLIPS SPIRIT PAC$15,000
John Cornyn · Cosponsor · $15,000
Official PAC recordCSX CORPORATION GOOD GOVERNMENT FUND$15,000
DENALI LEADERSHIP PAC$15,000
John Cornyn · Cosponsor · $15,000
Official PAC recordENTERGY CORPORATION EMPLOYEE POLITICAL ACTION COMMITTEE (ENPAC)$15,000
MERCK & CO., INC., EMPLOYEES POLITICAL ACTION COMMITTEE (MERCK PAC)$15,000
MORTGAGE BANKERS ASSOCIATION POLITICAL ACTION COMMITTEE (MORPAC)$15,000
NATIONAL APARTMENT ASSOCIATION POLITICAL ACTION COMMITTEE$15,000
OFFICE OF THE COMMISSIONER OF MAJOR LEAGUE BASEBALL POLITICAL ACTION COMMITTEE$15,000
PFIZER INC. PAC$15,000
THE HAWKEYE PAC$15,000
John Cornyn · Cosponsor · $15,000
Official PAC recordTOMORROW IS MEANINGFUL PAC$15,000
John Cornyn · Cosponsor · $15,000
Official PAC recordWINE AND SPIRITS WHOLESALERS OF AMERICA, INC. POLITICAL ACTION COMMITTEE$15,000
AKIN GUMP STRAUSS HAUER & FELD LLP CIVIC ACTION COMMITTEE (AKA AKIN GUMP PAC)$14,000
AMERICAN EXPRESS COMPANY POLITICAL ACTION COMMITTEE (AXPPAC)$13,500
HONEYWELL INTERNATIONAL INC. TECHNOLOGIES PUBLIC AFFAIRS COUNCIL (HONPAC)$13,500
POLITICAL ACTION COMMITTEE OF THE AMERICAN ASSOCIATION OF ORTHOPAEDIC SURGEONS--PAC OF AAOS$13,500
NEXTERA ENERGY, INC. POLITICAL ACTION COMMITTEE$13,000
The largest 40 donor totals appear here. Open each politician for their complete, paginated PAC donor list.
What happened after enactment?
This bill is not enacted. Post-enactment results do not apply yet.