Temporary Debt Limit Extension Act

Bill: 113-s-540
Sponsor: full_name: Sen. Shaheen, Jeanne [D-NH]
Introduced: 2013-03-12
Policy area: Economics and Public Finance
Subjects: Aviation and airports

Budget deficits and national debt

Congressional tributes

Government buildings, facilities, and property

New Hampshire
Latest action: action_date: 2014-02-15
text: Became Public Law No: 113-83.

Summaries:
action_date: 2013-03-12
action_desc: Introduced in Senate
text: <p>Designates the air route traffic control center located in Nashua, New Hampshire, as the &quot;Patricia Clark Boston Air Route Traffic Control Center.&quot;</p>

action_date: 2013-03-21
action_desc: Passed Senate without amendment
text: <p><b>(This measure has not been amended since it was introduced. The summary of that version is repeated here.)</b></p> <p>Designates the air route traffic control center located in Nashua, New Hampshire, as the &quot;Patricia Clark Boston Air Route Traffic Control Center.&quot;</p>

action_date: 2014-02-11
action_desc: Passed House amended
text: <p>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.</p> <p>Increases the debt limit, effective March 16, 2015, to the extent that:</p> <ol> <li>the face amount of such obligations outstanding on the date of enactment of this Act is exceeded by</li> <li>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. </li> </ol> <p>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.</p> <p>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.</p>

action_date: 2014-02-15
action_desc: Public Law
text: <p><b>(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.)</b></p> <p>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.</p> <p>Increases the debt limit, effective March 16, 2015, to the extent that:</p> <ol> <li>the face amount of such obligations outstanding on the date of enactment of this Act is exceeded by</li> <li>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. </li> </ol> <p>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.</p> <p>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.</p>

tv_txt: 113th CONGRESS 1st Session S. 540 IN THE SENATE OF THE UNITED STATES 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 .

1. Designation of Patricia Clark Boston Air Route Traffic Control Center (a) In general The air route traffic control center located in Nashua, New Hampshire, and any successor air route traffic control center at that location, shall be known and designated as the Patricia Clark Boston Air Route Traffic Control Center . (b) References Any reference in a law, map, regulation, document, paper, or other record of the United States to the air route traffic control center referred to in subsection (a) shall be deemed to be a reference to the Patricia Clark Boston Air Route Traffic Control Center .

Passed the Senate March 21, 2013. Secretary

tv_txt: IC 113th CONGRESS 1st Session S. 540 IN THE HOUSE OF REPRESENTATIVES March 25, 2013 Referred to the Committee on Transportation and Infrastructure 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 .

1. Designation of Patricia Clark Boston Air Route Traffic Control Center (a) In general The air route traffic control center located in Nashua, New Hampshire, and any successor air route traffic control center at that location, shall be known and designated as the Patricia Clark Boston Air Route Traffic Control Center . (b) References Any reference in a law, map, regulation, document, paper, or other record of the United States to the air route traffic control center referred to in subsection (a) shall be deemed to be a reference to the Patricia Clark Boston Air Route Traffic Control Center .

Passed the Senate March 21, 2013. Nancy Erickson, Secretary

tv_txt: II 113th CONGRESS 1st Session S. 540 IN THE SENATE OF THE UNITED STATES March 12, 2013 Mrs. Shaheen (for herself and Ms. Ayotte ) introduced the following bill; which was read twice and referred to the Committee on Commerce, Science, and Transportation 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 .

1. Designation of Patricia Clark Boston Air Route Traffic Control Center (a) In general The air route traffic control center located in Nashua, New Hampshire, and any successor air route traffic control center at that location, shall be known and designated as the Patricia Clark Boston Air Route Traffic Control Center . (b) References Any reference in a law, map, regulation, document, paper, or other record of the United States to the air route traffic control center referred to in subsection (a) shall be deemed to be a reference to the Patricia Clark Boston Air Route Traffic Control Center .

tv_txt: 113th CONGRESS 2d Session In the House of Representatives, U. S., February 11, 2014 AMENDMENT:

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 Strike out all after the enacting clause and insert: 1. Short title This Act may be cited as the Temporary Debt Limit Extension Act . 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. 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.

Lorraine Miller Clerk.

tv_txt: One Hundred Thirteenth Congress of the United States of America 2d Session Begun and held at the City of Washington on Friday, the third day of January, two thousand and fourteen S. 540 IN THE SENATE OF THE UNITED STATES AN ACT To temporarily extend the public debt limit, and for other purposes.

1. Short title This Act may be cited as the Temporary Debt Limit Extension Act . 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. 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.

Speaker of the House of Representatives Vice President of the United States and President of the Senate