Full Faith and Credit Act
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HR 807 — Full Faith and Credit Act
Last action — Received in the Senate and Read twice and referred to the Committee on Finance.
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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✓In Committee
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Died in session
This bill died with 113th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Full Faith and Credit Act - Requires the Secretary of the Treasury, in addition to any other authority provided by law, to issue obligations to pay with legal tender, and solely for the purpose of paying, the principal and interest on U.S. obligations held by the public, or held by the Old-Age and Survivors Insurance Trust Fund and Disability Insurance Trust Fund, in the event that the federal debt reaches the statutory limit after enactment of this Act. Prohibits: (1) the use of the issued obligations to pay compensation for Members of Congress, and (2) these obligations from being taken into account in applying the current $16.394 trillion public debt limit to the extent that they would otherwise cause such limit to be exceeded. Requires the Secretary, if such authority is exercised after enactment of this Act, to report to specified congressional committees each week the authority is in use and provide an accounting of: (1) the principal on mature obligations and interest due or accrued by the United States, and (2) any obligations issued pursuant to this Act.
Bill Text
We don't have the full text on file for this bill yet.
Read HR 807 on the official United States source →Action History
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Received in the Senate and Read twice and referred to the Committee on Finance.
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Motion to reconsider laid on the table Agreed to without objection.
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On passage Passed by the Yeas and Nays: 221 - 207 (Roll no. 142).
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On motion to recommit with instructions Failed by recorded vote: 200 - 227 (Roll no. 141).
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The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H2552)
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DEBATE - The House proceeded with 10 minutes of debate on the Maffei motion to recommit with instructions pending reservation of a point of order. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment adding a new section pertaining to the prohibition on default that pays China first instead of protecting America's seniors, veterans, and those harmed by natural disasters. Subsequently, the reservation was removed.
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Mr. Maffei moved to recommit with instructions to Ways and Means. (consideration: CR H2551-2553; text: CR H2551)
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H.AMDT.61 On agreeing to the Camp amendment (A002) Agreed to by the Yeas and Nays: 340 - 84 (Roll no. 140).
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H.AMDT.61 The previous question was ordered on the amendment (A002) pursuant to the rule. (consideration: CR H2550)
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DEBATE - Pursuant to the provisions of H.Res. 202, the House proceeded with 10 minutes of debate on the Camp amendment.
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H.AMDT.61 Amendment (A002) offered by Mr. Camp. (consideration: CR H2546-2551; text: CR H2546)Amendment clarifies that any debt issued pursuant to the bill may not be used to pay salaries of Members of Congress and also clarifies that the Secretary must report weekly on the amount of debt issued as well as the reason for such issuance.
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DEBATE - The House continued with further debate on H.R. 807.
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DEBATE - The House proceeded with one hour of debate on H.R. 807.
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Rule provides for consideration of H.R. 807 with 1 hour of general debate. Motion to recommit with or without instructions allowed. Measure will be considered read. A specified amendment is in order.
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Considered under the provisions of rule H. Res. 202. (consideration: CR H2539-2553; text of measure as reported in House: CR H2539)
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Rule H. Res. 202 passed House.
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Rules Committee Resolution H. Res. 202 Reported to House. Rule provides for consideration of H.R. 807 with 1 hour of general debate. Motion to recommit with or without instructions allowed. Measure will be considered read. A specified amendment is in order.
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Placed on the Union Calendar, Calendar No. 29.
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Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-48.
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Ordered to be Reported (Amended) by the Yeas and Nays: 22 - 14.
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Referred to the House Committee on Ways and Means.
Sponsors
- Tom McClintock · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on · 426 voted No
Sponsors (1)
- Tom McClintock R Voted No
Co-sponsors (0)
None.
Not signed on (546)
546 members have not signed on to this bill.
Show all 546 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 30 | 2 | 0 | 0 |
| D | 89 | 73 | 0 | 6 |
| Democrat | 22 | 8 | 0 | 0 |
| Whig | 1 | 1 | 0 | 0 |
| R | 196 | 0 | 0 | 2 |
| Jackson | 1 | 0 | 0 | 0 |
| Federalist | 1 | 0 | 0 | 0 |
| Total | 340 | 84 | 0 | 8 |
| % of votes cast | 79% | 19% | 0% | 2% |
How each member voted (432)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 5 | 27 | 0 | 0 |
| D | 166 | 0 | 0 | 2 |
| Democrat | 28 | 1 | 0 | 1 |
| Whig | 1 | 1 | 0 | 0 |
| R | 0 | 196 | 0 | 2 |
| Jackson | 0 | 1 | 0 | 0 |
| Federalist | 0 | 1 | 0 | 0 |
| Total | 200 | 227 | 0 | 5 |
| % of votes cast | 46% | 53% | 0% | 1% |
How each member voted (432)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 26 | 6 | 0 | 0 |
| D | 0 | 166 | 0 | 2 |
| Democrat | 1 | 29 | 0 | 0 |
| Whig | 1 | 1 | 0 | 0 |
| R | 191 | 5 | 0 | 2 |
| Jackson | 1 | 0 | 0 | 0 |
| Federalist | 1 | 0 | 0 | 0 |
| Total | 221 | 207 | 0 | 4 |
| % of votes cast | 51% | 48% | 0% | 1% |
How each member voted (432)
Subjects
Frequently asked questions
- What does HR 807 do?
- Full Faith and Credit Act - Requires the Secretary of the Treasury, in addition to any other authority provided by law, to issue obligations to pay with legal tender, and solely for the purpose of paying, the principal and interest on U.S. obligations held by the public, or held by the Old-Age and Survivors Insurance Trust Fund and Disability Insurance Trust Fund, in the event that the federal debt reaches the statutory limit after enactment of this Act. Prohibits: (1) the use of the issued obligations to pay compensation for Members of Congress, and (2) these obligations from being taken into account in applying the current $16.394 trillion public debt limit to the extent that they would otherwise cause such limit to be exceeded. Requires the Secretary, if such authority is exercised after enactment of this Act, to report to specified congressional committees each week the authority is in use and provide an accounting of: (1) the principal on mature obligations and interest due or accrued by the United States, and (2) any obligations issued pursuant to this Act.
- Who sponsors HR 807?
- HR 807 is sponsored by Tom McClintock (R).
- What is the current status of HR 807?
- This bill died with 113th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 807?
- Track HR 807 free on One Click Politics — get push/email alerts when it moves.
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