US Congress House Bill 692 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 113-0)
Status: Engrossed on October 22 2015 - 50% progression, died in chamber
Action: 2015-10-22 - Received in the Senate.
Text: Latest bill text (Engrossed) [PDF]

Default Prevention Act (Sec. 2) This bill requires the Department of the Treasury to continue to borrow to pay the principal and interest on certain obligations if the debt of the United States exceeds the statutory limit. If the debt limit is exceeded, Treasury is required to issue obligations solely for the payment of the principal and interest on debt held by the public or the Social Security trust funds. The bill prohibits Treasury from using obligations issued under this bill to compensate Members of Congress. If Treasury exercises authority provided by this bill, a report must be submitted to Congress including an accounting of: (1) the principal on mature obligations and interest that is due or accrued, and (2) obligations issued under this bill.

Default Prevention Act

Rep. Tom McClintock [R-CA]	Rep. Ted Poe [R-TX]	Rep. Robert Pittenger [R-NC]	Rep. Scott Garrett [R-NJ]
Rep. John Duncan [R-TN]	Rep. Charles Fleischmann [R-TN]	Rep. Pete Olson [R-TX]	Rep. Dave Brat [R-VA]
Rep. Ted Yoho [R-FL]	Rep. Mick Mulvaney [R-SC]	Rep. Stevan Pearce [R-NM]	Rep. Diane Black [R-TN]
Rep. Jeff Duncan [R-SC]	Sen. Marsha Blackburn [R-TN]	Rep. Ron DeSantis [R-FL]	Rep. David Roe [R-TN]
Rep. Steve Chabot [R-OH]	Rep. Keith Rothfus [R-PA]	Rep. Kevin Brady [R-TX]	Sen. Kevin Cramer [R-ND]
Rep. Jeb Hensarling [R-TX]	Rep. Doug Lamborn [R-CO]	Rep. Bob Gibbs [R-OH]	Rep. Bruce Westerman [R-AR]
Rep. Renee Ellmers [R-NC]	Rep. Rod Blum [R-IA]	Rep. Rob Woodall [R-GA]	Rep. Doug LaMalfa [R-CA]
Rep. Joe Wilson [R-SC]	Rep. John Fleming [R-LA]	Rep. Mo Brooks [R-AL]	Rep. Austin Scott [R-GA]
Rep. Trent Franks [R-AZ]	Rep. Robert Wittman [R-VA]	Rep. Garland Barr [R-KY]	Rep. Barry Loudermilk [R-GA]
Rep. David Rouzer [R-NC]	Rep. Chris Stewart [R-UT]	Rep. Bill Flores [R-TX]	Rep. Kevin Yoder [R-KS]
Rep. Tom Rice [R-SC]	Rep. Alan Nunnelee [R-MS]	Rep. Steve King [R-IA]	Rep. Matt Salmon [R-AZ]
Rep. Randy Forbes [R-VA]	Rep. Bill Johnson [R-OH]	Rep. Ken Buck [R-CO]	Rep. Scott Tipton [R-CO]
Rep. Tom Emmer [R-MN]	Rep. Ryan Zinke [R-MT]	Rep. David Young [R-IA]	Rep. Vicky Hartzler [R-MO]
Rep. Luke Messer [R-IN]	Rep. Jim Jordan [R-OH]	Rep. Tom Cole [R-OK]	Rep. Richard Hudson [R-NC]
Sen. Cynthia Lummis [R-WY]	Rep. Mark Meadows [R-NC]	Rep. Virginia Foxx [R-NC]	Rep. Mark Sanford [R-SC]
Rep. Tom Price [R-GA]	Rep. Todd Rokita [R-IN]	Rep. David Schweikert [R-AZ]	Rep. Tom Graves [R-GA]
Rep. Dana Rohrabacher [R-CA]	Rep. Pete Sessions [R-TX]	Rep. Rob Bishop [R-UT]	Rep. Brad Wenstrup [R-OH]
Rep. Andy Harris [R-MD]	Rep. Joe Barton [R-TX]	Rep. Michael Conaway [R-TX]	Rep. Marlin Stutzman [R-IN]
Rep. Jeff Miller [R-FL]	Rep. Trey Gowdy [R-SC]	Rep. Jason Chaffetz [R-UT]	Rep. Sean Duffy [R-WI]
Rep. Joseph Pitts [R-PA]	Rep. John Kline [R-MN]	Rep. Brian Babin [R-TX]	Rep. Bill Posey [R-FL]
Rep. Reid Ribble [R-WI]	Rep. Mike Pompeo [R-KS]	Sen. Markwayne Mullin [R-OK]	Rep. Dan Benishek [R-MI]
Rep. Mac Thornberry [R-TX]	Rep. Frank Lucas [R-OK]	Rep. Steve Scalise [R-LA]	Rep. Alexander Mooney [R-WV]
Rep. Ann Wagner [R-MO]	Rep. Doug Collins [R-GA]	Rep. Paul Gosar [R-AZ]	Rep. Peter Roskam [R-IL]
Rep. Mike Kelly [R-PA]	Rep. Robert Latta [R-OH]	Rep. Randy Neugebauer [R-TX]	Rep. Blaine Luetkemeyer [R-MO]
Rep. Tim Walberg [R-MI]	Rep. David McKinley [R-WV]	Rep. Randy Hultgren [R-IL]	Rep. Scott DesJarlais [R-TN]
Rep. Raul Labrador [R-ID]	Rep. Curt Clawson [R-FL]	Rep. Glenn Grothman [R-WI]	Rep. Mark Walker [R-NC]
Rep. Martha Roby [R-AL]	Rep. Billy Long [R-MO]	Rep. Chris Collins [R-NY]	Rep. Sam Johnson [R-TX]
Rep. Brett Guthrie [R-KY]	Rep. Lynn Jenkins [R-KS]	Rep. Gary Palmer [R-AL]	Rep. Mike Bishop [R-MI]
Rep. Bob Goodlatte [R-VA]

2015-10-21 - House - On Passage (Y: 235 N: 194 NV: 5 Abs: 0) [PASS]

Date	Chamber	Action
2015-10-22	Senate	Received in the Senate.
2015-10-21	House	Motion to reconsider laid on the table Agreed to without objection.
2015-10-21	House	On passage Passed by the Yeas and Nays: 235 - 194 (Roll no. 557). (text: CR H7053-7054)
2015-10-21	House	Considered as unfinished business. (consideration: CR H7077)
2015-10-21	House	POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 692, the Chair put the question on adoption the bill, and by voice vote announced that the ayes had prevailed. Mr. Levin demanded the yeas and nays, and the Chair postponed further proceedings on the question of adoption until later in the legislative day.
2015-10-21	House	The previous question was ordered pursuant to the rule. (consideration: CR H7060)
2015-10-21	House	DEBATE - The House proceeded with one hour of debate on H.R. 692.
2015-10-21	House	Resolution provides for consideration of both H.R. 10 and H.R. 692.
2015-10-21	House	Considered under the provisions of rule H. Res. 480. (consideration: CR H7053-7060)
2015-10-21	House	Rule H. Res. 480 passed House.
2015-10-20	House	Rules Committee Resolution H. Res. 480 Reported to House. Resolution provides for consideration of both H.R. 10 and H.R. 692.
2015-09-18	House	Placed on the Union Calendar, Calendar No. 201.
2015-09-18	House	Reported by the Committee on Ways and Means. H. Rept. 114-265.
2015-09-10	House	Ordered to be Reported by the Yeas and Nays: 23 - 15.
2015-09-10	House	Committee Consideration and Mark-up Session Held.
2015-02-03	House	Referred to the House Committee on Ways and Means.
2015-02-03	House	Sponsor introductory remarks on measure. (CR H708)
2015-02-03	House	Introduced in House

HR480 (Related) 2015-10-21 - Motion to reconsider laid on the table Agreed to without objection.
SB2181 (Related) 2015-10-20 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 273.
HB3753 (Related) 2015-10-09 - Referred to House Appropriations

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/692/all-info
Text	https://www.congress.gov/114/bills/hr692/BILLS-114hr692ih.pdf
Text	https://www.congress.gov/114/bills/hr692/BILLS-114hr692rh.pdf
Text	https://www.congress.gov/114/bills/hr692/BILLS-114hr692eh.pdf
Roll Call	https://clerk.house.gov/Votes/2015557