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S.540: Temporary Debt Limit Extension Act

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 Jeanne Shaheen, D-N.H.
Total Cosponsors 1 (All Republicans)
Introduced March 12, 2013
Latest Major Action Feb. 15, 2014
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Bill Progress

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

Bill Summary

(This measure has not been amended since it was passed by the House on February 11, 2014. The summary of that version is repeated here.)

Temporary Debt Limit Extension Act - Suspends the public debt limit for the period beginning on the date of enactment of this Act and ending on March 15, 2015.

Increases the debt limit, effective March 16, 2015, to the extent that:

  1. the face amount of such obligations outstanding on the date of enactment of this Act is exceeded by
  2. the total of the face amount of public debt obligations and the face amount of obligations whose principal and interest are guaranteed by the U.S. government (except guaranteed obligations held by the Secretary of the Treasury) outstanding on March 16, 2015.

Excludes an obligation under clause 2 (above) from being taken into account unless its issuance was necessary to fund a commitment incurred pursuant to law that required payment before March 16, 2015.

...

(Source: Congressional Research Service)

Bill Actions

Date Description
Feb. 15, 2014 Became Public Law No: 113-83.
Feb. 15, 2014 Signed by President.
Feb. 14, 2014 Presented to President.
Feb. 12, 2014 Pursuant to the provisions of H. Con. Res. 82, enrollment corrections on S. 540 have been made.
Feb. 12, 2014 Message on Senate action sent to the House.
Feb. 12, 2014

Senate agreed to House amendment to Senate bill by Yea-Nay Vote. 55 - 43. Record Vote Number: 34. (text as Senate agreed to House amendment: CR S933)

Feb. 12, 2014

Cloture on the motion to concur in House amendment to Senate bill invoked in Senate by Yea-Nay Vote. 67 - 31. Record Vote Number: 33. (consideration: CR S934)

Feb. 12, 2014 Cloture motion on the motion to concur in House amendment to Senate bill presented in Senate. (consideration: CR S933-934: text: CR S933-934)
Feb. 12, 2014 Message on House action received in Senate and at desk: House amendment to Senate bill.
Feb. 11, 2014 Motion to reconsider laid on the table Agreed to without objection.
Feb. 11, 2014

On passage Passed by the Yeas and Nays: 221 - 201 (Roll No. 61). (text: CR H1752)

Feb. 11, 2014 The previous question was ordered pursuant to the rule. (consideration: CR H1757)
Feb. 11, 2014 DEBATE - Pursuant to the provisions of H.Res. 478 the amendment in the nature of a substitute consisting of the text of sections 1 through 3 of Rules Committee Print 113-37 is considered as adopted for the purpose of being treated as original text and the House proceeded with one hour of debate on S. 540.
Feb. 11, 2014 Rule provides for consideration of S. 540 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments.
Feb. 11, 2014 Considered under the provisions of rule H. Res. 478. (consideration: CR H1752-1758)
Feb. 11, 2014 Rule H. Res. 478 passed House.
Feb. 11, 2014 Rules Committee Resolution H. Res. 478 Reported to House. Rule provides for consideration of S. 540 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. Bill is closed to amendments.
March 26, 2013 Referred to the Subcommittee on Aviation.
March 25, 2013 Referred to the House Committee on Transportation and Infrastructure.
March 25, 2013 Received in the House.
March 22, 2013 Message on Senate action sent to the House.
March 21, 2013 Passed Senate without amendment by Unanimous Consent. (text: CR S2232)
March 21, 2013 Senate Committee on Commerce, Science, and Transportation discharged by Unanimous Consent. (consideration: CR S2231-2232)
March 12, 2013 Read twice and referred to the Committee on Commerce, Science, and Transportation.