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H.R. 3750 · 118th Congress

To provide a 1-week extension of the public debt limit.

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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

CMR MillsSponsor
1 cosponsor · 1 R

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill suspends the federal debt limit through June 12, 2023, and requires the debt limit to be increased to accommodate certain obligations issued during the suspension period.

What it does: CRS summary · Introduced in House · May 30, 2023

This bill suspends the federal debt limit through June 12, 2023, and requires the debt limit to be increased to accommodate certain obligations issued during the suspension period.

The adjustments to the debt limit for obligations issued during the suspension period are limited to obligations necessary to fund a commitment incurred by the federal government that required payment before June 11, 2023.

The bill also prohibits the Department of the Treasury from issuing obligations during the suspension period for the purpose of increasing the cash balance above normal operating balances in anticipation of the expiration of the suspension period.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: To provide a 1-week extension of the public debt limit.

Latest action (May 30, 2023): Referred to the House Committee on Ways and Means.

Policy area: Economics and Public Finance · Origin: House · Introduced: May 30, 2023

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.