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United States · Bill · S

S. 1395 (118th)

A bill to temporarily suspend the debt limit through December 31, 2024.

openUnited States· United States Congress· EN

Introduced

1 May 2023

Last action

2 May 2023 · Calendars

Status

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 40.

Sponsors

Sen. Schumer, Charles E. [D-NY], Sen. Murray, Patty [D-WA], Sen. Wyden, Ron [D-OR], Sen. Whitehouse, Sheldon [D-RI]

Subjects

Discovery layer

Source updated

27 May 2025

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.   

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

Timeline

  1. 1 May 2023

    Introduced

    Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text: CR S1443)

    Source: Calendars

  2. 1 May 2023

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 2 May 2023

    Calendars

    Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 40.

    Source: Calendars

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Placed on Calendar Senate (text)

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  • Placed on Calendar Senate (text)

    Placed on Calendar Senate · EN · 2 May 2023

    ViewDownloadOpen at official source

  • Placed on Calendar Senate (PDF)

    Placed on Calendar Senate · EN · 2 May 2023

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 1 May 2023

    Open at official source

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Sponsors

Related records

Sources

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