US SB1553 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on May 21 2019 - 25% progression, died in chamber
Action: 2020-02-25 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 21 2019 - 25% progression, died in chamber
Action: 2020-02-25 - Committee on Banking, Housing, and Urban Affairs. Hearings held.
Text: Latest bill text (Introduced) [PDF]
Summary
Repeals the public debt limit, which applies to most debt held by the federal government.
Title
End the Threat of Default Act
Sponsors
Sen. Brian Schatz [D-HI] | Sen. Michael Bennet [D-CO] | Sen. Sheldon Whitehouse [D-RI] | Sen. Patty Murray [D-WA] |
Sen. Chris Van Hollen [D-MD] | Sen. Ron Wyden [D-OR] |
History
Date | Chamber | Action |
---|---|---|
2020-02-25 | Senate | Committee on Banking, Housing, and Urban Affairs. Hearings held. |
2019-05-21 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB2870 (Same As) 2019-05-21 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/1553/all-info |
Text | https://www.congress.gov/116/bills/s1553/BILLS-116s1553is.pdf |