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119th Congress · Senate bill · Last action Mar 4, 2026
BillsFinance and Financial SectorS. 3977Congress.gov ↗
S. 3977IntroducedFinance and Financial Sector

Republicans raise bankruptcy filing thresholds for individuals and couples

Sponsor: Sen. Grassley, Chuck (R-IA)5 cosponsorsIntroduced Mar 3, 2026
In plain English

A plain-English summary isn’t available for this bill yet.

Where it is in the process

Introduced
Mar 3
2
Senate committee
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3
Senate floor
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4
House
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5
Signed
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What happens next: Awaiting committee assignment or hearings in the Senate.

Community vote

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- support · - oppose · - total

Sponsor

Cosponsors (5)

RS
JS
SS
LS
CS
3 Democrats, 2 Republicans (of 5 shown).

Activity timeline

Mar 4
Mar 4
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347.
Mar 3
Mar 3
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Mar 3
Mar 3
Introduced in Senate
Read the bill text
Official text via Congress.gov. Opens in a new tab.
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Full action log

All 3 recorded actions since introduction · Source: Congress.gov
Mar 4
SENATERead the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 347.
Mar 3
SENATEIntroduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Mar 3
Introduced in Senate

All 5 cosponsors

3 Democrats · 2 Republicans
Democrats (3)
Republicans (2)

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