S.Amdt. 6226

SA 6226 is an amendment proposed by Mr. Kennedy, Mr. Cruz, Mr. Coons, and Mr. Whitehouse to be added to bill S. 4784.

The purpose of this amendment is to change Section 1332 of title 28, United States Code regarding inflation adjustments. Specifically, it aims to:

• Change the minimum amount in controversy from $75,000 to not less than $150,000, exclusive of interest and costs.

• Establish a process where the dollar amount is adjusted every tenth year starting January 1, 2030.

• Use the Consumer Price Index for All Urban Consumers published by the Department of Labor to calculate these adjustments.

• Require the Director of the Administrative Office of the United States Courts to determine the adjustment and submit the new amount for publication in the Federal Register by November 15 of the appropriate year.

• Allow the district court to deny costs to the plaintiff or impose costs on the plaintiff if the final recovery is less than the required sum.