3.0.0 3654 2023-08-16T16:15:20Z 2023-08-16T16:15:20Z Senate S 2022-02-15 117 ssfi00 Finance Committee Senate Standing Referred to 2022-02-15T22:51:34Z Debt Ceiling Reform Act 117 6724 HR 2022-02-15 Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, 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. Identical bill CRS 2022-02-15 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text: CR S708-710) IntroReferral 2022-02-15 Introduced in Senate IntroReferral 10000 9 Library of Congress D000563 Sen. Durbin, Richard J. [D-IL] Richard Durbin D IL J. N Economics and Public Finance Economics and Public Finance 00 2022-02-15 Introduced in Senate 2023-08-16T16:03:51Z Debt Ceiling Reform Act

This bill replaces the existing federal debt limit with procedures that allow the Department of the Treasury to continue issuing additional debt unless Congress passes a joint resolution of disapproval regarding the additional debt, and the joint resolution becomes law.

]]> Debt Ceiling Reform Act Display Title Debt Ceiling Reform Act Short Title(s) as Introduced Debt Ceiling Reform Act Introduced in Senate IS Official Title as Introduced A bill to amend Chapter 31 of title 31, United States Code, to provide procedures for congressional disapproval of the issuance of additional debt. Introduced in Senate IS Introduced in Senate 2022-02-15T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s3654is/xml/BILLS-117s3654is.xml 2022-02-15 Read twice and referred to the Committee on Finance. (text: CR S708-710) 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.