[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 3664 Placed on Calendar Senate (PCS)]

                                                       Calendar No. 560
112th CONGRESS
  2d Session
                                S. 3664

                 To provide for debt limit extensions.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                            December 6, 2012

 Mr. Reid introduced the following bill; which was read the first time

                           December 10, 2012

            Read the second time and placed on the calendar

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                                 A BILL


 
                 To provide for debt limit extensions.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. DEBT LIMIT EXTENSION.

    Subsection (b) of section 3101 of title 31, United States Code, is 
amended by striking ``as provided by law through the congressional 
budget process described in Rule XLIX of the Rules of the House of 
Representatives or as provided by section 3101A or otherwise.'' and 
inserting ``as provided--
            ``(1) by law through the congressional budget process 
        described in Rule XLIX of the Rules of the House of 
        Representatives or as provided by section 3101A or otherwise, 
        or
            ``(2) by Executive order of the President.
An Executive order issued pursuant to paragraph (2) shall be considered 
as a major rule for purposes of chapter 8 of title 5, United States 
Code.''.
                                                       Calendar No. 560

112th CONGRESS

  2d Session

                                S. 3664

_______________________________________________________________________

                                 A BILL

                 To provide for debt limit extensions.

_______________________________________________________________________

                           December 10, 2012

            Read the second time and placed on the calendar