Bankruptcy Threshold Adjustment Extension Act
S 4150, the Bankruptcy Threshold Adjustment Extension Act, extends a temporary provision in bankruptcy law by adding two more years to its current duration. It modifies Section 2(i)(1) of the Bankruptcy Threshold Adjustment and Technical Corrections Act (Public Law 117-151) to change the timeframe from 2 years to 4 years. This adjustment directly affects the mechanism that temporarily sets bankruptcy filing thresholds, providing continued stability for bankruptcy courts and filers under the existing framework.
Bill status
in committee
1 of 4 stages cleared
Introduction
Apr 2024
Committee Review
Floor Vote
President
Introduced Apr 17, 2024
Last action Apr 17, 2024
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Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Apr 17, 2024
Committee
Read twice and referred to the Committee on the Judiciary. (text: CR S2829)
upper
Apr 17, 2024
Introduced
Introduced in Senate
upper
1 primary · 5 co-sponsors
Sponsors
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