S 4850 · 119th CongressPassed Senatecongress.gov ↗
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How it worksIntroduced
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What this bill does
AI plain-language summaryRight now, federal courts can hear certain lawsuits between people from different states if the amount of money involved is more than $75,000. This bill would raise that minimum amount to $150,000, meaning smaller cases would need to be handled in state courts instead. Starting in 2030, the minimum amount would be updated every 10 years to keep up with inflation.
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