Pipeline · Bill → Law
Step 1
Introduced
May 1, 2023
Step 2
Referred
Step 3
Committee
Step 4
Senate
May 2, 2023
Step 5
House floor
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
This bill suspends the federal debt limit through December 31, 2024, and increases the limit on January 1, 2025, to accommodate the obligations issued during the suspension period. The adjustments to the debt limit for obligations issued during the suspension period are limited to obligations necessary to fund a commitment incurred by the federal government that required payment before January 1, 2025.
No provisions parsed for this bill.
Timeline · 3 actions
May 2, 2023
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 40.
May 1, 2023
Introduced in Senate
May 1, 2023
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.