United States 119th Congress Status: In Committee Bipartisan · 3 R · 3 D cosponsors

S 3977 — Bankruptcy Threshold Adjustment Act of 2026

Last action — Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347.

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced March 03, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Prognosis

Advancing 42% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 6 sponsors

    1 primary, 5 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (3 R · 3 D) — cross-party backing.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

6 added · 14 removed

Plain-language change summary

The text indicates that the bill S 3977 has undergone changes, including the addition of a notation confirming its passage in the Senate on August 3, 2026. It also reflects the removal of prior calendar references and a notation of its introduction date. This highlights the bill's progression and official status in the legislative process, which may affect how it is received in further proceedings.

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Latest
3977 Placed on Calendar Senate (PCS)] <DOC> Calendar No.
3977 Engrossed in Senate (ES)] <DOC> 119th CONGRESS 2d Session S.
347 119th CONGRESS 2d Session S.
3977 _______________________________________________________________________ AN ACT To amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.
3977 To amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.
_______________________________________________________________________ IN THE SENATE OF THE UNITED STATES March 3, 2026 Mr.
Grassley (for himself, Mr.
Durbin, Mr.
Cornyn, Mr.
Whitehouse, Mr.
Graham, and Mr.
Coons) introduced the following bill;
which was read the first time March 4, 2026 Read the second time and placed on the calendar _______________________________________________________________________ A BILL To amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.
Calendar No.
Passed the Senate August 3, 2026.
347 119th CONGRESS 2d Session S.
Attest:
3977 _______________________________________________________________________ A BILL To amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.
Secretary.
_______________________________________________________________________ March 4, 2026 Read the second time and placed on the calendar
119th CONGRESS 2d Session S.
3977 _______________________________________________________________________ AN ACT To amend title 11, United States Code, to modify certain bankruptcy eligibility requirements, and for other purposes.
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Action History

  1. Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347.

  2. Introduced in Senate

  3. Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

Sponsors

Sponsorship breakdown

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1 sponsors · 5 co-sponsors · 541 not signed on

Sponsors (1)

Co-sponsors (5)

Not signed on (541)

541 members have not signed on to this bill.

Show all 541 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors S 3977?
S 3977 is sponsored by Durbin, Richard J. (Democratic), Cornyn, John (Republican), Whitehouse, Sheldon (Democratic), Graham, Lindsey (Republican), Coons, Christopher A. (Democratic), and Grassley, Chuck (Republican).
What is the current status of S 3977?
This bill is in committee in the Senate. Introduced March 03, 2026. It must pass committee before a floor vote.
Where can I track S 3977?
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Last checked for changes 4 months ago · updated continuously

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