Library / Laws / 117th / hr / H.R. 5415 / Introduced in House
I
117th CONGRESS
1st Session
H. R. 5415
IN THE HOUSE OF REPRESENTATIVES
September 29, 2021Mr. Brendan F. Boyle of Pennsylvania (for himself, Mr. Yarmuth, Mr. Lieu, Mrs. Watson Coleman, Mr. Espaillat, Ms. Lofgren, Ms. Wild, Mr. Cohen, and Mr. Evans) introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To provide the Secretary of the Treasury authority to increase the public debt limit.
1.
Short title
This Act may be cited as the Debt Ceiling Reform Act.
2.
Secretary of Treasury authorized to increase public debt limit
The dollar amount contained in section 3101(b) of title 31, United States Code, shall be treated as being equal to such greater dollar amount as the Secretary of the Treasury may periodically determine. The preceding sentence shall not apply to the extent provided in any subsequently enacted provision of law.