- Record: Senate Floor
- Section type: Floor speeches
- Chamber: Senate
- Date: August 7, 2026
- Congress: 119th Congress
- Why this source matters: This section came from the Senate floor portion of the record.
Mr. MORENO. Mr. President, I ask unanimous consent that the Committee on the Judiciary be discharged from further consideration of S. 4850 and the Senate proceed to its immediate consideration.
The PRESIDING OFFICER. The clerk will report the bill by title.
The senior assistant legislative clerk read as follows:
A bill (S. 4850) to amend title 28, United States Code, to
adjust thresholds relating to jurisdiction for inflation.
- Senate proceeded to consider the bill.
Mr. MORENO. I ask unanimous consent that the bill be considered read a third time and passed and that the motion to reconsider be considered made and laid upon the table.
The PRESIDING OFFICER. Without objection, it is so ordered.
The bill (S. 4850) was ordered to be engrossed for a third reading, was read the third time, and passed as follows:
S. 4850
Be it enacted by the Senate and House of Representatives of
the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the “Diversity Jurisdiction
Inflation Adjustment Act”.
SEC. 2. INFLATION ADJUSTMENTS.
Section 1332 of title 28, United States Code, is amended—
(1) in subsection (a), by striking “of $75,000” and
inserting “described in subsection (b)”; and
(2) by striking subsection (b) and inserting the following:
“(b)(1) The matter in controversy described in this
subsection is not less than $150,000, as adjusted under
paragraph (2), exclusive of interest and costs.
“(2)(A) In this paragraph—
“(i) the term `appropriate year' means the calendar year
preceding the calendar year in which the adjustment under
paragraph (1) is to take effect; and
“(ii) the term `Consumer Price Index' means the Consumer
Price Index for All Urban Consumers published by the
Department of Labor.
“(B) Effective on January 1, 2030, and January 1 of each
tenth year thereafter, the dollar amount then in effect as
the minimum amount in controversy applicable under paragraph
(1) shall be adjusted by an amount, rounded to the nearest
$25,000 (or, if midway between multiples, to the next higher
multiple of $25,000) which reflects the change in the
Consumer Price Index for the month of September of the
appropriate year, over the Consumer Price Index for—
“(i) in the case of the initial adjustment, the month of
September 2025; and
“(ii) in the case of each subsequent adjustment, September
of the year preceding the last adjustment.
“(C) The Director of the Administrative Office of the
United States Courts shall determine the amount of each
adjustment under paragraph (1) and, not later than November
15 of the appropriate year, shall submit for publication in
the Federal Register the amount (and the percentage change in
the Consumer Price Index that is the basis for the amount)
and the new minimum amount in controversy to take effect on
January 1 of the succeeding calendar year.
“(3) Except when express provision therefor is otherwise
made in a statute of the United States, where the plaintiff
who files the case originally in the Federal courts is
finally adjudged to be entitled to recover less than the sum
or value required under paragraph (1) without regard to any
setoff or counterclaim to which the defendant may be adjudged
to be entitled, and exclusive of interest and costs, the
district court may deny costs to the plaintiff and, in
addition, may impose costs on the plaintiff.”.