/  H.R. 807—Full Faith and Credit Act

H.R. 807 - Full Faith and Credit Act

Bill Text

  • Text of H.R. 807 PDF XML

    Full Faith and Credit Act (as reported)

  • Text of H. Rept. 113-48 PDF XML

    Report from the Committee on Ways and Means

Rule Information

COMMITTEE ACTION:
REPORTED BY RECORD VOTE of 5-2 on Tuesday, May 7, 2013.

FLOOR ACTION ON H. RES. 202: 
ADOPTED by record vote of 226-199, after agreeing to the previous question by record vote of 227-199, on Wednesday, May 8, 2013. 

MANAGERS: Sessions/Slaughter

1. Structured rule.

2. Provides one hour of debate equally divided and controlled by the chair and ranking minority member of the Committee on Ways and Means.

3. Waives all points of order against consideration of the bill.

4. Provides that the amendment in the nature of a substitute recommended by the Committee on Ways and Means now printed in the bill shall be considered as adopted and the bill, as amended, shall be considered as read.

5. Waives all points of order against provisions in the bill, as amended.

6. Makes in order only the amendment printed in the Rules Committee report, if offered by Representative Camp of Michigan, or his designee. The amendment shall be considered as read, shall be debatable for 10 minutes equally divided and controlled by the proponent and an opponent, shall not be subject to amendment, and shall not be subject to a demand for division of the question.

7. Waives all points of order against the amendment print in the report.

8. Provides one motion to recommit with or without instructions.

Amendments

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#Version #Sponsor(s)PartySummaryStatus
12Version 2Amash (MI)RepublicanLate Revised Adds a “claw back” provision that requires debt issued over the debt limit to be repaid with subsequent receipts.Submitted
14Version 1Camp (MI)RepublicanLate Withdrawn Amends the title to reflect that the bill requires payment of all obligations on the debt held by the public in the event that the debt limit is reached. Withdrawn
15Version 2Camp (MI)RepublicanLate Revised Clarifies the prohibition on compensation for Members of Congress and clarifies language to require that the Secretary report to Congress any time the new authority is used.Made In Order
1Version 1Cooper (TN)DemocratStops congressional pay if the U.S. defaults on the national debt.Submitted
10Version 1Delaney (MD)DemocratAffirms that the debt of the U.S. cannot be prioritized and enables the President to raise the debt ceiling if Congress passes a budget that the Congressional Budget Office determines shall by the end of the 10 fiscal year period result in the debt held by the public being at or below 70 percent of the gross domestic product of the United States. Submitted
7Version 1Fitzpatrick (PA)RepublicanProtects the pay and allowances of members of the Army, Navy, Air Force, Marine Corps, and Coast Guard, including reserve components thereof, who perform active service and the pay and allowances of critical law enforcement officers who are employed by Federal agencies.Submitted
2Version 1Flores (TX)RepublicanPrioritizes military pay after payments of any principal and interest on obligations of the United States.Submitted
3Version 1Grayson (FL)DemocratAdds obligations held by the Military Retirement Fund to the list of eligible obligations on which the Secretary of the Treasury must continue to pay principal and interest when the statutory debt limit is reached.Submitted
4Version 1Grayson (FL)DemocratAdds obligations held by the Federal Hospital Insurance Trust Fund (Medicare) to the list of eligible obligations on which the Secretary of the Treasury must continue to pay principal and interest when the statutory debt limit is reached.Submitted
5Version 1Grayson (FL)DemocratInserts the word ‘American’ before ‘public’ on p. 6, line 15, to ensure that the payment of debt obligations held by the American public are prioritized over debt held by foreign nationals and governments.Submitted
6Version 1Grayson (FL)DemocratExtends the extraordinary authority of the Secretary of the Treasury to issue new obligations when the statutory debt limit is reached (created by this bill) to any government activity authorized by law.Submitted
16Version 1Honda (CA)DemocratSUBSTITUTE Late Makes permanent a provision allowing the U.S. Treasury to pay our debts unless a supermajority in Congress acts to stop them. Under this process, the President will notify Congress when the nation is within $100 billion of the debt limit, and the Congress will have 15 days to adopt a resolution of disapproval (with a veto-proof majority) under expedited consideration. Permanently revises the procedure such that, by default, Congressional inaction results in an increase of the debt ceiling. Submitted
8Version 1Hunter (CA)RepublicanRequires payments to members of the Armed Forces for earned compensation.Submitted
9Version 1Kuster, Ann (NH)DemocratInserts a statement of purpose and a sense of Congress expressing that Congress should work on a bipartisan plan to responsibly reduce the deficit instead of a plan for defaulting on our nation's obligations.Submitted
11Version 1Webster (FL)RepublicanLate Withdrawn Adds a new section at the end of the bill prioritizing the payment of other obligations. Ensures that revenue is first used to pay principal and interest on the debt, members of the Armed Forces, and benefits to senior citizens.Withdrawn
13Version 1Welch (VT)DemocratLate Ensures that the United States pay for all budget authority provided by Federal Law.Submitted