Diversity Jurisdiction Inflation Adjustment Act
A bill to amend title 28, United States Code, to adjust thresholds relating to jurisdiction for inflation.
This bill, SB4850, aims to update the financial thresholds used to determine jurisdiction in diversity cases, which are lawsuits between parties from different states, to account for inflation. This adjustment ensures that the criteria for where such cases can be filed remain fair and relevant over time.
The bill affects legal professionals and parties involved in diversity cases by updating the financial thresholds they must meet for their cases to be heard in federal courts. This change helps ensure that the legal system remains fair and accessible, adapting to economic changes over time.
As of June 22, 2026, the bill was introduced and referred to the Senate Committee on the Judiciary. On August 7, 2026, the Committee discharged the bill and it passed the Senate without any amendments by unanimous consent. The bill is now ready to move forward in the legislative process.