S. 4850

119 S4850 ES: Diversity Jurisdiction Inflation Adjustment Act
 U.S. Senate
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 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 119th CONGRESS  2d Session  S. 4850  IN THE SENATE OF THE UNITED STATES  AN ACT
To amend title 28, United States Code, to adjust thresholds relating to jurisdiction for inflation.
1.
Short title
This Act may be cited as the   Diversity Jurisdiction Inflation Adjustment Act  .
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.
 .
    Passed the Senate August 7, 2026.    Secretary