H.R. 8242 · 117th Congress
National Debt is National Security Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
FranklinSponsor9 cosponsors · 9 R
R
Bilirakis
PF
R
Fallon
BG
R
Gibbs
MM
R
Miller-Meeks
JR
R
Rutherford
BC
R
Cline
ND
R
Dunn
LB
R
Boebert
RN
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Norman5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill establishes limits on the amount of public debt that may be held by foreign governments, entities, and individuals.
What it does: CRS summary · Introduced in House · Jun 28, 2022
National Debt is National Security Act
This bill establishes limits on the amount of public debt that may be held by foreign governments, entities, and individuals.
The bill allows the President to waive the limits if the President determines and reports to Congress that an important national interest requires the waiver.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: National Debt is National Security Act
Latest action (Jun 28, 2022): Referred to the House Committee on Ways and Means.
Policy area: Economics and Public Finance · Origin: House · Introduced: Jun 28, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.