[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[S. 540 Engrossed Amendment House (EAH)]
In the House of Representatives, U. S.,
February 11, 2014.
Resolved, That the bill from the Senate (S. 540) entitled ``An Act
to designate the air route traffic control center located in Nashua,
New Hampshire, as the `Patricia Clark Boston Air Route Traffic Control
Center'.'', do pass with the following
AMENDMENT:
Strike out all after the enacting clause and insert:
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Temporary Debt Limit Extension
Act''.
SEC. 2. TEMPORARY EXTENSION OF PUBLIC DEBT LIMIT.
(a) In General.--Section 3101(b) of title 31, United States Code,
shall not apply for the period beginning on the date of the enactment
of this Act and ending on March 15, 2015.
(b) Special Rule Relating to Obligations Issued During Extension
Period.--Effective March 16, 2015, the limitation in effect under
section 3101(b) of title 31, United States Code, shall be increased to
the extent that--
(1) the face amount of obligations issued under chapter 31
of such title and the face amount of obligations whose
principal and interest are guaranteed by the United States
Government (except guaranteed obligations held by the Secretary
of the Treasury) outstanding on March 16, 2015, exceeds
(2) the face amount of such obligations outstanding on the
date of the enactment of this Act.
SEC. 3. RESTORING CONGRESSIONAL AUTHORITY OVER THE NATIONAL DEBT.
(a) Extension Limited to Necessary Obligations.--An obligation
shall not be taken into account under section 2(b)(1) unless the
issuance of such obligation was necessary to fund a commitment incurred
pursuant to law by the Federal Government that required payment before
March 16, 2015.
(b) Prohibition on Creation of Cash Reserve During Extension
Period.--The Secretary of the Treasury shall not issue obligations
during the period specified in section 2(a) for the purpose of
increasing the cash balance above normal operating balances in
anticipation of the expiration of such period.
Attest:
Clerk.
113th CONGRESS
2d Session
S. 540
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AMENDMENT