Congress finds a 2021 raise lasted one fiscal year
To amend titles 11 and 28, United States Code, to modify the compensation payable to trustees serving in cases under chapter 7 of title 11, United States Code, to extend the term of certain temporary offices of bankruptcy judges, and for other purposes, section 2, Sec. 2.
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Congress finds a 2021 raise lasted one fiscal year
The document says “should”Who acts: CongressHow: statuteSec. 2 in the PDF
What the document says
“In 2021, Congress attempted to implement a mechanism that would give chapter 7 trustees a raise, but the trustees only received increased compensation for 1 fiscal year. Based on Consumer Price Index estimates, the $60 paid to trustees in 1994 would be the equivalent of over $125 today.”
The second claim in the eighth finding. Congress states that a mechanism it set up in 2021 raised chapter 7 trustee pay for one fiscal year only, and that on Consumer Price Index estimates the 1994 figure of $60 would be worth more than $125 now. The 2021 measure is not named, and is not a document indexed here.
What the document actually says
“In 2021, Congress attempted to implement a mechanism that would give chapter 7 trustees a raise, but the trustees only received increased compensation for 1 fiscal year. Based on Consumer Price Index estimates, the $60 paid to trustees in 1994 would be the equivalent of over $125 today.”
That sentence, in plain words
Congress says it tried to raise the pay in 2021. The raise lasted one year. It says sixty dollars then is worth over a hundred and twenty five now.
What this is about
Money buys less as time goes by. One way to track that is a price index. Congress used one here.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Bankruptcy Administration Improvement Act of 2025, Public Law 119-76, sec. 2, 140 Stat. 740 (2026). https://www.govinfo.gov/content/pkg/PLAW-119publ76/html/PLAW-119publ76.htm
This page
“Congress finds a 2021 raise lasted one fiscal year,” Bankruptcy Administration Improvement Act of 2025, section 2, Sec. 2. Read the Mandate, https://readthemandate.org/bankruptcy-administration-improvement-act-2025/proposal/sec02-2021-raise-lasted-one-year/ (retrieved August 26, 2026).
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