S.540 - Temporary Debt Limit Extension Act

An act to temporarily extend the public debt limit, and for other purposes. view all titles (5)

All Bill Titles

  • Short: Temporary Debt Limit Extension Act as enacted.
  • Official: An act to temporarily extend the public debt limit, and for other purposes. as amended by senate.
  • Short: Temporary Debt Limit Extension Act as passed senate.
  • Short: Temporary Debt Limit Extension Act as passed house.
  • Official: A bill to designate the air route traffic control center located in Nashua, New Hampshire, as the "Patricia Clark Boston Air Route Traffic Control Center". as introduced.

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  • Past Seven Days: 27
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Introduced
 
Senate
Passed
 
House
Passed
 
President
Signed
 

 
03/11/13
 
03/20/13
 
02/11/14
 
02/14/14
 

 

Latest Vote

Result: Motion Agreed to - February 12, 2014

Roll call number 34 in the Senate

Question: On the Motion (Motion to Concur in the House Amendment to S.540)

 

Official Summary

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: the face amount of such obligations outstanding on the d

Official Summary

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: the face amount of such obligations outstanding on the date of enactment of this Act is exceeded by 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. Prohibits the Secretary of the Treasury from issuing obligations during the period beginning on the date of enactment of this Act and ending on March 15, 2015, for the purpose of increasing the cash balance above normal operating balances in anticipation of the expiration of such period.

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