H.R. 319 · 113th Congress
To amend the Congressional Budget Act of 1974 to provide for an expedited process for increasing the…
Full title
To amend the Congressional Budget Act of 1974 to provide for an expedited process for increasing the statutory limit on the public debt.
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
Amends the Congressional Budget Act of 1974 to revise the contents of the concurrent resolution on the budget to include a heading entitled "Debt Increase as Measure of Deficit" to set forth the amounts by which the current $14.294 trillion public debt limit shall increase in each of such years.
What it does: CRS summary · Introduced in House · Jan 18, 2013
Amends the Congressional Budget Act of 1974 to revise the contents of the concurrent resolution on the budget to include a heading entitled "Debt Increase as Measure of Deficit" to set forth the amounts by which the current $14.294 trillion public debt limit shall increase in each of such years.
Declares that, upon passage in the House of Representatives of the conference report on any concurrent budget resolution, it shall be immediately in order for the House to consider a privileged bill offered by the chairman of the Committee on the Budget amending the public debt limit at the level proposed under the "Debt Increase as Measure of Deficit" heading for the budget resolution's fiscal year. Limits to one hour any debate on the bill. Prohibits the measure from being amendable and a motion to commit from being in order.
Applies similar procedures for Senate consideration of the House passed bill.
Makes it out of order in the Senate to consider the bill before the passage of the conference report on the budget resolution for its fiscal year.
Increases the public debt limit from $14,294,000,000,000 to $17,072,810,000,000.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: To amend the Congressional Budget Act of 1974 to provide for an expedited process for increasing the statutory limit on the public debt.
Latest action (Jan 18, 2013): Referred to the Committee on Ways and Means, and in addition to the Committees on Rules, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Policy area: Economics and Public Finance · Origin: House · Introduced: Jan 18, 2013
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.