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United States · Bill · HR

H.R. 3807 (114th)

Pay Our Bills Act

referredUnited States· United States Congress· EN

Introduced

22 October 2015

Last action

22 October 2015 · Introduced

Status

Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Sponsors

Rep. Honda, Michael M. [D-CA-17], Rep. Hinojosa, Ruben [D-TX-15], Barbara Lee, Eric Swalwell, Jared Huffman, Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Beyer, Donald S. [D-VA-8], Juan Vargas, Rep. Costa, Jim [D-CA-21], Gwen Moore, Rep. Takai, Mark [D-HI-1], Sheila Jackson Lee, Bill Pascrell, Matt Cartwright, Alan Lowenthal, David Cicilline, ALCEE HASTINGS, Zoe Lofgren, JOHN CONYERS, Rep. Pingree, Chellie [D-ME-1], Rep. Rangel, Charles B. [D-NY-19], Keith Ellison, Rick Larsen, ROBERT BRADY, Gerald Connolly

Subjects

Discovery layer

Source updated

12 August 2025

Summary

Pay Our Bills Act This bill permits the President to increase the statutory debt limit unless two-thirds of Congress votes to disapprove the increase. If the President certifies to Congress that the debt is within $100 billion of the limit and a specified amount of further borrowing is necessary to meet existing commitments, the Department of the Treasury may borrow the specified amount unless a joint resolution of disapproval is enacted within 15 days after Congress receives the certification. The debt limit is suspended from the date the President submits the certification to Congress until the earlier of: (1) 15 days after Congress receives the certification, or (2) enactment of a joint resolution of disapproval. After the suspension period ends, the limit is increased to accommodate obligations issued during the suspension period. Congress must consider a joint resolution of disapproval using expedited legislative procedures specified in the bill. If the resolution is approved by Congress, the President may veto the resolution. If Congress votes to override the veto with a two-thirds vote of each chamber, the debt limit may not be increased, except as required during the suspension period.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 22 October 2015

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  2. 22 October 2015

    Introduced

    Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

    Source: IntroReferral

  3. 22 October 2015

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 22 October 2015

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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Sponsors

Related records

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Sources

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