Bankruptcy Threshold Adjustment Act of 2026

This bill raises debt limits for those filing for streamlined bankruptcy, expanding eligibility for small businesses and individuals. For small businesses, the maximum eligible debt increases from $3.4 million to $7.5 million, allowing more companies—excluding large affiliated groups and publicly traded firms—to use a simplified bankruptcy reorganization process if most debt is business-related. For individuals and couples, it replaces separate current caps ($1,580,125 secured and $526,700 unsecured) with a single $2.75 million limit, simplifying who can file. These changes apply to new bankruptcy filings after enactment, broadening access to reorganization and repayment plans for more struggling businesses and households.

87.5%

Alignment

Yes

Abstain

Senate

Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. · Aug 3, 2026 · pass

Legislator	Party	District	Their vote	District vote
Dan Sullivan	Republican	AK0000U-US	yes	N/A
Lisa Murkowski	Republican	AK0000U-US	yes	N/A
Katie Britt	Republican	AL0000U-US	yes	N/A
Tommy Tuberville	Republican	AL0000U-US	yes	N/A
John Boozman	Republican	AR0000U-US	yes	N/A
Tom Cotton	Republican	AR0000U-US	yes	N/A
Mark Kelly	Democratic	AZ0000U-US	yes	N/A
Ruben Gallego	Democratic	AZ0000U-US	yes	N/A
Adam Schiff	Democratic	CA0000U-US	yes	N/A
Alex Padilla	Democratic	CA0000U-US	yes	N/A
John Hickenlooper	Democratic	CO0000U-US	yes	N/A
Michael Bennet	Democratic	CO0000U-US	yes	N/A
Chris Murphy	Democratic	CT0000U-US	yes	N/A
Richard Blumenthal	Democratic	CT0000U-US	yes	N/A
Chris Coons	Democratic	DE0000U-US	yes	N/A
Lisa Blunt Rochester	Democratic	DE0000U-US	yes	N/A
Ashley Moody	Republican	FL0000U-US	yes	yes
Rick Scott	Republican	FL0000U-US	yes	yes
Jon Ossoff	Democratic	GA0000U-US	yes	N/A
Raphael Warnock	Democratic	GA0000U-US	yes	N/A
Brian Schatz	Democratic	HI0000U-US	yes	N/A
Mazie Hirono	Democratic	HI0000U-US	yes	N/A
Chuck Grassley	Republican	IA0000U-US	yes	yes
Joni Ernst	Republican	IA0000U-US	yes	yes
Jim Risch	Republican	ID0000U-US	yes	N/A
Mike Crapo	Republican	ID0000U-US	yes	N/A
Dick Durbin	Democratic	IL0000U-US	yes	N/A
Tammy Duckworth	Democratic	IL0000U-US	yes	N/A
Jim Banks	Republican	IN0000U-US	yes	N/A
Todd Young	Republican	IN0000U-US	yes	N/A
Jerry Moran	Republican	KS0000U-US	yes	N/A
Roger Marshall	Republican	KS0000U-US	yes	N/A
Mitch McConnell	Republican	KY0000U-US	yes	no
Rand Paul	Republican	KY0000U-US	yes	no
Bill Cassidy	Republican	LA0000U-US	yes	N/A
John Neely Kennedy	Republican	LA0000U-US	yes	N/A
Ed Markey	Democratic	MA0000U-US	yes	yes
Elizabeth Warren	Democratic	MA0000U-US	yes	yes
Angela Alsobrooks	Democratic	MD0000U-US	yes	N/A
Chris Van Hollen	Democratic	MD0000U-US	yes	N/A
Angus King	Independent	ME0000U-US	yes	N/A
Susan Collins	Republican	ME0000U-US	yes	N/A
Elissa Slotkin	Democratic	MI0000U-US	yes	yes
Gary Peters	Democratic	MI0000U-US	yes	yes
Amy Klobuchar	Democratic	MN0000U-US	yes	N/A
Tina Smith	Democratic	MN0000U-US	yes	N/A
Eric Schmitt	Republican	MO0000U-US	yes	N/A
Josh Hawley	Republican	MO0000U-US	yes	N/A
Cindy Hyde-Smith	Republican	MS0000U-US	yes	N/A
Roger Wicker	Republican	MS0000U-US	yes	N/A
Steve Daines	Republican	MT0000U-US	yes	N/A
Tim Sheehy	Republican	MT0000U-US	yes	N/A
Ted Budd	Republican	NC0000U-US	yes	N/A
Thom Tillis	Republican	NC0000U-US	yes	N/A
John Hoeven	Republican	ND0000U-US	yes	N/A
Kevin Cramer	Republican	ND0000U-US	yes	N/A
Deb Fischer	Republican	NE0000U-US	yes	N/A
Pete Ricketts	Republican	NE0000U-US	yes	N/A
Jeanne Shaheen	Democratic	NH0000U-US	yes	N/A
Maggie Hassan	Democratic	NH0000U-US	yes	N/A
Andy Kim	Democratic	NJ0000U-US	yes	N/A
Cory Booker	Democratic	NJ0000U-US	yes	N/A
Ben Ray Luján	Democratic	NM0000U-US	yes	N/A
Martin Heinrich	Democratic	NM0000U-US	yes	N/A
Catherine Cortez Masto	Democratic	NV0000U-US	yes	yes
Jacky Rosen	Democratic	NV0000U-US	yes	yes
Chuck Schumer	Democratic	NY0000U-US	yes	N/A
Kirsten Gillibrand	Democratic	NY0000U-US	yes	N/A
Bernie Moreno	Republican	OH0000U-US	yes	N/A
Jon Husted	Republican	OH0000U-US	yes	N/A
Alan Armstrong	Republican	OK0000U-US	yes	N/A
James Lankford	Republican	OK0000U-US	yes	N/A
Jeff Merkley	Democratic	OR0000U-US	yes	yes
Ron Wyden	Democratic	OR0000U-US	yes	yes
Dave McCormick	Republican	PA0000U-US	yes	N/A
John Fetterman	Democratic	PA0000U-US	yes	N/A
Jack Reed	Democratic	RI0000U-US	yes	N/A
Sheldon Whitehouse	Democratic	RI0000U-US	yes	N/A
Darline Graham		SC0000U-US	yes	N/A
Lindsey Graham	Republican	SC0000U-US	yes	N/A
Tim Scott	Republican	SC0000U-US	yes	N/A
John Thune	Republican	SD0000U-US	yes	N/A
Mike Rounds	Republican	SD0000U-US	yes	N/A
Bill Hagerty	Republican	TN0000U-US	yes	N/A
Marsha Blackburn	Republican	TN0000U-US	yes	N/A
John Cornyn	Republican	TX0000U-US	yes	N/A
Ted Cruz	Republican	TX0000U-US	yes	N/A
John Curtis	Republican	UT0000U-US	yes	yes
Mike Lee	Republican	UT0000U-US	yes	yes
Mark Warner	Democratic	VA0000U-US	yes	N/A
Tim Kaine	Democratic	VA0000U-US	yes	N/A
Bernie Sanders	Independent	VT0000U-US	yes	N/A
Peter Welch	Democratic	VT0000U-US	yes	N/A
Maria Cantwell	Democratic	WA0000U-US	yes	N/A
Patty Murray	Democratic	WA0000U-US	yes	N/A
Ron Johnson	Republican	WI0000U-US	yes	N/A
Tammy Baldwin	Democratic	WI0000U-US	yes	N/A
Jim Justice	Republican	WV0000U-US	yes	N/A
Shelley Moore Capito	Republican	WV0000U-US	yes	N/A
Cynthia Lummis	Republican	WY0000U-US	yes	N/A
John Barrasso	Republican	WY0000U-US	yes	N/A