Diversity Jurisdiction Inflation Adjustment Act

The Diversity Jurisdiction Inflation Adjustment Act updates the minimum monetary threshold required for federal courts to hear cases based on diversity of citizenship. It raises the current limit of $75,000 to $150,000 and establishes a mechanism to automatically adjust this amount every ten years starting in 2030 based on changes in the Consumer Price Index. The Director of the Administrative Office of the United States Courts will calculate these adjustments and publish them annually, ensuring the threshold keeps pace with inflation. Additionally, the bill clarifies that if a plaintiff recovers less than the required amount, the court may deny or impose costs on them. This legislation directly affects individuals and businesses seeking to file civil lawsuits in federal court by changing the financial requirements for jurisdiction.