Medical Bankruptcy Fairness Act of 2026
In committee: it can still change before the session ends.
- Stage
- In committee
- Started in
- Senate
- Sponsors
- 7
- Latest action
- Jul 14, 2026
What it does
The Medical Bankruptcy Fairness Act of 2026 would amend the U.S. Bankruptcy Code to provide special protections for individuals burdened by medical debt, defining a "medically distressed debtor" as someone who incurred significant unreimbursed medical expenses (exceeding 10% of adjusted gross income or $10,000) over the prior three years, or who experienced employment changes due to illness, caregiving, or public health emergencies. The bill would allow such debtors to exempt up to $250,000 in home equity or burial property from liquidation, waive certain administrative requirements in Chapter 7 and Chapter 13 bankruptcies, exclude their bankruptcies from consumer credit reports, and ease…
No official summary is available here. This one was written by AI from the bill’s text.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
Where it goes next
While a bill can still move, the questions are about people and money.