US SB163 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Republican 23-0)
Status: Introduced on January 25 2011 - 25% progression, died in chamber
Action: 2011-01-26 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 2.
Text: Latest bill text (Introduced) [PDF]

Summary

Full Faith and Credit Act - Requires the authority of the Department of the Treasury to pay the principal and interest on debt held by the public to take priority over all other obligations incurred by the government in the event the federal debt reaches the statutory limit.

Tracking Information

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Title

Full Faith and Credit Act

Sponsors


History

DateChamberAction
2011-01-26SenateRead the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 2.
2011-01-25SenateIntroduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

Same As/Similar To

SB259 (Related) 2011-02-02 - Read twice and referred to the Committee on Finance.
HB421 (Same As) 2011-01-25 - Referred to the House Committee on Ways and Means.
HB568 (Related) 2011-02-09 - Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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