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S.1569: Default Prevention Act of 2013

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about economics and public finance
You can read the bill
Sponsor Harry Reid, D-Nev.
Total Cosponsors 1 (All Democrats)
Introduced Oct. 8, 2013
Latest Major Action Oct. 16, 2013
See it on GovTrack
See it on C-SPAN

Bill Progress

  • Bill introduced in the Senate   
  • Bill passed in the Senate   
  • Bill passed in the House   
  • Bill signed into law

Bill Summary

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.

(Source: Congressional Research Service)

Bill Actions

Date Description
Oct. 16, 2013 Motion to proceed to consideration of measure made in Senate. (consideration: CR S7503-7531)
Oct. 15, 2013 Motion to proceed to consideration of measure made in Senate. (consideration: CR S7475-7485, S7485-7499)
Oct. 14, 2013 Motion to proceed to consideration of measure made in Senate. (consideration: CR S7455-7471)
Oct. 13, 2013 Motion to proceed to consideration of measure made in Senate. (consideration: CR S7433-7454)
Oct. 12, 2013 Motion by Senator Reid to reconsider the vote by which cloture was not invoked on the motion to proceed to the measure (Record Vote no. 216) entered in Senate. (consideration: CR S7425-7426)
Oct. 12, 2013

Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 53 - 45. Record Vote Number: 216. (consideration: CR S7419-7426, S7427-7430; text: CR S7425)

Oct. 12, 2013 Motion to proceed to consideration of measure made in Senate. (consideration: CR S7455-7471)
Oct. 11, 2013 Motion to proceed to consideration of measure made in Senate. (consideration: CR S7389-7390, S7390-7391; text: CR S7389)
Oct. 10, 2013 Cloture motion on the motion to proceed to the measure presented in Senate. (consideration: CR S7384-7385; text: CR S7385)
Oct. 10, 2013 Motion to proceed to consideration of measure made in Senate. (consideration: CR S7357, S7371-7385)
Oct. 9, 2013 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 211.
Oct. 8, 2013 Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text of measure as introduced: CR S7308)