H.R. 8366: Protecting Homeowners in Bankruptcy Act of 2020

116th Congress · introduced 2020-09-24 · Finance and Financial Sector · Latest: Ordered to be Reported (Amended) by the Yeas and Nays: 18 - 5.

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Follow this bill, step by step

Where it came from: introduced 2020-09-24 · official record
Who proposed it: Rep. Dean, Madeleine [D-PA-4] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Ordered to be Reported (Amended) by the Yeas and Nays: 18 - 5. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Protecting Homeowners in Bankruptcy Act of 2020

Plain summary

Protecting Homeowners in Bankruptcy Act of 2020 This bill increases the homestead exemption an individual debtor can claim in a bankruptcy to $100,000.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Protecting Homeowners in Bankruptcy Act of 2020

Source: Congressional Research Service summary (Introduced in House)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Dean, Madeleine [D-PA-4] · 2 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Jerrold Nadler (D-NY)

Sponsor's campaign money: Rep. Dean, Madeleine [D-PA-4] reported raising $2.0 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Homestead exemption: A homestead is the home you own and live in as your main residence. A homestead exemption removes part of its value from property tax, so tax is charged on a smaller amount. Texas school districts must offer one; other local governments may offer more. In Florida, the Constitution currently sets a homestead exemption of up to $50,000 (the second $25,000 does not apply to school taxes).

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-116hr8366.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/116/hr>

Record fed-us-cong116-hr8366 · catalog fed-us-congress-bills-cong116 · updated 2026-11-15 by psicol fed-bills-cong116