H.R.7494: Bankruptcy Threshold Adjustment and Technical Corrections Act

About This Bill

  • Introduced April 11, 2022
  • Latest Major Action Nov. 1, 2022

Bill Sponsor

Bill Cosponsor

Bill Version

Bill Summary

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...

(Source: Library of Congress)

Bill Actions

Date Description
Nov. 1, 2022
Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.
April 11, 2022
Referred to the House Committee on the Judiciary.
April 11, 2022

Introduced in the House by Joe Neguse (D-Colo.)

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