Temporary Debt Limit Extension Act
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S 540 — Temporary Debt Limit Extension Act
Last action — Became Public Law No: 113-83.
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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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced March 12, 2013. Enacted.
Summary
Temporary Debt Limit Extension Act - Suspends the public debt limit for the period beginning on the date of enactment of this Act and ending on March 15, 2015. Increases the debt limit, effective March 16, 2015, to the extent that: the face amount of such obligations outstanding on the date of enactment of this Act is exceeded by the total of the face amount of public debt obligations and the face amount of obligations whose principal and interest are guaranteed by the U.S. government (except guaranteed obligations held by the Secretary of the Treasury) outstanding on March 16, 2015. Excludes an obligation under clause 2 (above) from being taken into account unless its issuance was necessary to fund a commitment incurred pursuant to law that required payment before March 16, 2015. Prohibits the Secretary of the Treasury from issuing obligations during the period beginning on the date of enactment of this Act and ending on March 15, 2015, for the purpose of increasing the cash balance above normal operating balances in anticipation of the expiration of such period.
Bill Text
We don't have the full text on file for this bill yet.
Read S 540 on the official United States source →Action History
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Became Public Law No: 113-83.
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Signed by President.
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Presented to President.
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Message on Senate action sent to the House.
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Senate agreed to House amendment to Senate bill by Yea-Nay Vote. 55 - 43. Record Vote Number: 34. (text as Senate agreed to House amendment: CR S933)
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Cloture on the motion to concur in House amendment to Senate bill invoked in Senate by Yea-Nay Vote. 67 - 31. Record Vote Number: 33. (consideration: CR S934)
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Cloture motion on the motion to concur in House amendment to Senate bill presented in Senate. (consideration: CR S933-934: text: CR S933-934)
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Message on House action received in Senate and at desk: House amendment to Senate bill.
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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 - 201 (Roll No. 61). (text: CR H1752)
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The previous question was ordered pursuant to the rule. (consideration: CR H1757)
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DEBATE - Pursuant to the provisions of H.Res. 478 the amendment in the nature of a substitute consisting of the text of sections 1 through 3 of Rules Committee Print 113-37 is considered as adopted for the purpose of being treated as original text and the House proceeded with one hour of debate on S. 540.
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Rule provides for consideration of S. 540 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments.
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Considered under the provisions of rule H. Res. 478. (consideration: CR H1752-1758)
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Rule H. Res. 478 passed House.
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Rules Committee Resolution H. Res. 478 Reported to House. Rule provides for consideration of S. 540 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments.
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Referred to the Subcommittee on Aviation.
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Referred to the House Committee on Transportation and Infrastructure.
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Received in the House.
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Message on Senate action sent to the House.
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Passed Senate without amendment by Unanimous Consent. (text: CR S2232)
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Senate Committee on Commerce, Science, and Transportation discharged by Unanimous Consent. (consideration: CR S2231-2232)
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Read twice and referred to the Committee on Commerce, Science, and Transportation.
Sponsors
- Jeanne Shaheen · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
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.
Subjects
Frequently asked questions
- What does S 540 do?
- Temporary Debt Limit Extension Act - Suspends the public debt limit for the period beginning on the date of enactment of this Act and ending on March 15, 2015. Increases the debt limit, effective March 16, 2015, to the extent that: the face amount of such obligations outstanding on the date of enactment of this Act is exceeded by the total of the face amount of public debt obligations and the face amount of obligations whose principal and interest are guaranteed by the U.S. government (except guaranteed obligations held by the Secretary of the Treasury) outstanding on March 16, 2015. Excludes an obligation under clause 2 (above) from being taken into account unless its issuance was necessary to fund a commitment incurred pursuant to law that required payment before March 16, 2015. Prohibits the Secretary of the Treasury from issuing obligations during the period beginning on the date of enactment of this Act and ending on March 15, 2015, for the purpose of increasing the cash balance above normal operating balances in anticipation of the expiration of such period.
- Who sponsors S 540?
- S 540 is sponsored by Jeanne Shaheen (D).
- What is the current status of S 540?
- This bill has been enacted into law. Introduced March 12, 2013. Enacted.
- Where can I track S 540?
- Track S 540 free on One Click Politics — get push/email alerts when it moves.
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