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S3823: Bankruptcy Threshold Adjustment and Technical Corrections Act
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S3823
Bankruptcy Threshold Adjustment and Technical Corrections Act

1
Roll Calls
273
Yea (latest vote)
15
Nay (latest vote)
House
2022-06-07 – 2022-06-07

About S3823

Bankruptcy Threshold Adjustment and Technical Corrections Act

Policy Area: Finance and Financial Sector

Sponsor: Sen. Grassley, Chuck [R-IA] (R-IA)

Latest Action (2022-06-21): Became Public Law No: 117-151.

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 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.)

Subjects: Bankruptcy, Corporate finance and management, Inflation and prices, Small business

Who Voted How on S3823

Filter by Yea, Nay, or Absent

Vote Breakdown — S3823

How members voted on S3823. 295 total positions across all roll calls for this bill.

Member Date Question Vote Result
Robert B. Aderholt (R-Alabama) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Jake Auchincloss (D-Massachusetts) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Mark E. Amodei (R-Nevada) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Alma S. Adams (D-North Carolina) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Pete Aguilar (D-California) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Rick W. Allen (R-Georgia) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Jodey C. Arrington (R-Texas) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Sanford D. Bishop (D-Georgia) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Cliff Bentz (R-Oregon) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Stephanie I. Bice (R-Oklahoma) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Lauren Boebert (R-Colorado) 2022-06-07 2/3 Yea-And-Nay Nay Passed
Gus M. Bilirakis (R-Florida) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Vern Buchanan (R-Florida) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Suzanne Bonamici (D-Oregon) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Joyce Beatty (D-Ohio) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Andy Barr (R-Kentucky) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Julia Brownley (D-California) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Ami Bera (D-California) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Brian Babin (R-Texas) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Donald S. Beyer (D-Virginia) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Mike Bost (R-Illinois) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Brendan F. Boyle (D-Pennsylvania) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Don Bacon (R-Nebraska) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Jim Banks (R-Indiana) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Nanette Diaz Barragán (D-California) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Jack Bergman (R-Michigan) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Andy Biggs (R-Arizona) 2022-06-07 2/3 Yea-And-Nay Nay Passed
Lisa Blunt Rochester (D-Delaware) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Ted Budd (R-North Carolina) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Troy Balderson (R-Ohio) 2022-06-07 2/3 Yea-And-Nay Yea Passed
James R. Baird (R-Indiana) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Tim Burchett (R-Tennessee) 2022-06-07 2/3 Yea-And-Nay Nay Passed
Shontel M. Brown (D-Ohio) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Ken Calvert (R-California) 2022-06-07 2/3 Yea-And-Nay Yea Passed
James E. Clyburn (D-South Carolina) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Kat Cammack (R-Florida) 2022-06-07 2/3 Yea-And-Nay Yea Passed
John R. Carter (R-Texas) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Tom Cole (R-Oklahoma) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Ed Case (D-Hawaii) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Jim Costa (D-California) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Emanuel Cleaver (D-Missouri) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Henry Cuellar (D-Texas) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Kathy Castor (D-Florida) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Yvette D. Clarke (D-New York) 2022-06-07 2/3 Yea-And-Nay Not Voting Passed
Steve Cohen (D-Tennessee) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Joe Courtney (D-Connecticut) 2022-06-07 2/3 Yea-And-Nay Yea Passed
André Carson (D-Indiana) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Judy Chu (D-California) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Eric A. "Rick" Crawford (R-Arkansas) 2022-06-07 2/3 Yea-And-Nay Yea Passed
Joaquin Castro (D-Texas) 2022-06-07 2/3 Yea-And-Nay Yea Passed

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Frequently Asked

What is S3823?

S3823 is the Bankruptcy Threshold Adjustment and Technical Corrections Act, introduced in the Senate of the 119th U.S. Congress by Sen. Grassley, Chuck [R-IA] (R-IA). 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.

Who sponsored S3823?

S3823 was sponsored by Sen. Grassley, Chuck [R-IA] (R-IA). Cosponsors and roll-call positions are listed on this page.

What is the current status of S3823?

As of 2022-06-21, S3823 Became Public Law No: 117-151..

How did Congress vote on S3823?

S3823 has had 1 roll-call vote on record. The most recent: 2022-06-07 — 2/3 Yea-And-Nay (Passed).

What policy area does S3823 cover?

S3823 is categorized under "Finance and Financial Sector." Browse other bills in this area at /topic-finance-and-financial-sector/.

Where can I see all member positions on S3823?

Each member’s vote is shown on this page, with party affiliation, state, and the official vote question. Click any member to see their full voting record.