
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.
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
Filter by Yea, Nay, or Absent
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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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.
S3823 was sponsored by Sen. Grassley, Chuck [R-IA] (R-IA). Cosponsors and roll-call positions are listed on this page.
As of 2022-06-21, S3823 Became Public Law No: 117-151..
S3823 has had 1 roll-call vote on record. The most recent: 2022-06-07 — 2/3 Yea-And-Nay (Passed).
S3823 is categorized under "Finance and Financial Sector." Browse other bills in this area at /topic-finance-and-financial-sector/.
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.