3.0.0 3284 2023-01-11T13:23:58Z 2023-01-11T13:23:58Z House H HR 2013-10-10 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LEVIN:H.R. 3284.Congress has the power to enact this legislation pursuantto the following:Section 4 of the 14th Amendment of the United StatesConstitution[Page H6493]]]> hswm00 Ways and Means Committee House Standing Referred to 2013-10-10T14:00:30Z Default Prevention Act of 2013 113 1569 S 2013-10-16 Motion to proceed to consideration of measure made in Senate. (consideration: CR S7503-7531) Identical bill CRS 2013-10-10 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2013-10-10 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-10-10 Introduced in House IntroReferral 1000 9 Library of Congress L000263 Rep. Levin, Sander M. [D-MI-9] SANDER LEVIN D MI M. 9 N R000053 Rep. Rangel, Charles B. [D-NY-13] CHARLES RANGEL D NY B. 13 2013-10-11 False M000404 Rep. McDermott, Jim [D-WA-7] JIM MCDERMOTT D WA 7 2013-10-11 False N000015 Rep. Neal, Richard E. [D-MA-1] RICHARD NEAL D MA E. 1 2013-10-11 False L000287 Rep. Lewis, John [D-GA-5] JOHN LEWIS D GA 5 2013-10-11 False T000460 Rep. Thompson, Mike [D-CA-5] MIKE THOMPSON D CA 5 2013-10-11 False B000574 Rep. Blumenauer, Earl [D-OR-3] EARL BLUMENAUER D OR 3 2013-10-11 False K000188 Rep. Kind, Ron [D-WI-3] RON KIND D WI 3 2013-10-11 False P000096 Rep. Pascrell, Bill, Jr. [D-NJ-9] WILLIAM PASCRELL D NJ J. 9 2013-10-11 False S001162 Rep. Schwartz, Allyson Y. [D-PA-13] Allyson Schwartz D PA Y. 13 2013-10-11 False D000096 Rep. Davis, Danny K. [D-IL-7] DANNY DAVIS D IL K. 7 2013-10-11 False H001034 Rep. Honda, Michael M. [D-CA-17] MICHAEL HONDA D CA M. 17 2013-10-11 False W000800 Rep. Welch, Peter [D-VT-At Large] Peter Welch D VT 0 2013-10-11 False B000287 Rep. Becerra, Xavier [D-CA-34] XAVIER BECERRA D CA 34 2013-10-11 False D000399 Rep. Doggett, Lloyd [D-TX-35] LLOYD DOGGETT D TX 35 2013-10-14 False Economics and Public Finance Budget deficits and national debt Economics and Public Finance 00 2013-10-10 Introduced in House 2013-10-11T20:53:31Z Default Prevention Act of 2013 - Amends the No Budget, No Pay Act of 2013 (P.L. 113-3) to suspend the public debt limit through December 31, 2014.

Revises the special rule relating to obligations issued during the suspension period to provide for an increase in the debt limit, effective January 1, 2015, to the extent that: (1) the face amount of obligations issued and the face amount of obligations whose principal and interest are guaranteed by the federal government (except guaranteed obligations held by the Secretary of the Treasury) outstanding on January 1, 2015, exceeds (2) the face amount of such obligations outstanding on the date of enactment of this Act.

Prohibits an obligation from being taken into account unless its issuance was necessary to fund a commitment incurred by the federal government that required payment before January 1, 2015.

]]> Default Prevention Act of 2013 Display Title Default Prevention Act of 2013 Official Title as Introduced To ensure the complete and timely payment of the obligations of the United States Government until December 31, 2014. Introduced in House IH Short Titles as Introduced Default Prevention Act of 2013 Introduced in House 2013-10-10T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr3284ih/xml/BILLS-113hr3284ih.xml 2013-10-10 Referred to the House Committee on Ways and Means. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.