,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #ciec  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #i1 #bjbc,mr4   
,boyle ( ,p5nsylvania 7= himself1 ,ms4  
,b>ragn1 ,ms4 ,lee ( ,cali=nia1 ,mr4    
,davis ( ,ill9ois1 ,ms4 ,s*ak[sky1 ,mr4 
,l>son ( ,connecticut1 ,ms4 ,williams ( 
,georgia1 ,mr4 ,c>t] ( ,l\isiana1 ,ms4  
,tlaib1 ,mr4 ,l&sman1 ,ms4 ,mc,collum1  
,ms4 ,l(gr51 ,mr4 ,gomez1 ,mr4 ,deluzio1
 ,mr4 ,himes1 ,mr4 ,fro/1 ,mr4 ,%]man1  
,ms4 ,br[nley1 ,mr4 ,connolly1 ,mr4     
,ivey1 ,mr4 ,rupp]sb]g]1 ,ms4 ,norton1  
,ms4 ,jackson ,lee1 ,mr4 ,nadl]1 ,mr4   
,mull91 ,mr4 ,kim ( ,new ,j]sey1 ,mrs4  
,watson ,coleman1 ,mrs4 ,torres (       
,cali=nia1 ,mr4 ,coh51 ,mrs4 ,flet*]1   
,mr4 ,norcross1 ,mr4 ,mc,govern1 ,ms4   
,jayapal1 ,ms4 ,/rickl&1 ,mr4 ,blum5au]1
 ,mr4 ,cleav]1 ,ms4 ,om>1 ,ms4 ,adams1  
,ms4 ,wexton1 ,mrs4 ,f\%ee1 ,ms4 ,*u1   
,mr4 ,c>son1 ,mr4 ,grijalva1 ,ms4       
,pelosi1 ,mr4 ,evans1 ,mr4 ,payne1 ,mr4 
,g>ca ( ,ill9ois1 & ,mr4 ,johnson (     
,georgia7 introduc$ ! foll[+ bill2 :i* 0

 ref]r$ to ! ,committee on ,ways &      
,means1 & 9 addition to ! ,committee on 
,rules1 = a p]iod to be subsequ5tly     
det]m9$ by ! ,speak]1 9 ea* case =      
consid]ation ( su* provisions z fall )9 
! jurisdiction ( ! committee conc]n$  ,a
 ,,bill  ,to am5d *apt] #ca ( title #ca1
 ,unit$ ,/ates ,code1 to provide        
proc$ures = congressional disapproval ( 
! issuance ( additional debt4  #a4 ,%ort
 title ,?is ,act may be cit$ z ! ,debt  
,ceil+ ,re=m ,act4  #b4 ,proc$ures =    
congressional disapproval ( issuance (  
additional debt ,section #caja ( title  
#ca1 ,unit$ ,/ates ,code1 is am5d$ to   
read z foll[s3  #caja4 ,public debt     
limit  7a7 ,def9ition ( jo9t resolution 
,9 ?is section1 ! t]m jo9t resolution   
means a jo9t resolution-- 7#a7 t is     
introduc$ dur+ ! p]iod-- 7,a7 beg9n+ on 
! date on :i* a c]tification "u         
subsection 7b77#a7 is receiv$2 &  7,b7  
end+ on ! date t is #c cal5d> days aft] 
! date describ$ 9 subp>agraph 7,a7 7or1 
if a ,h\se 0 n 9 session1 ! next cal5d> 

day on :i* t ,h\se is 9 session72  7#b7 
:i* does n h a preamble2  7#c7 ! title (
 :i* is only z foll[s3 ,jo9t resolution 
relat+ to ! disapproval ( ! ,secret>y ( 
! ,treasury's ex]cise ( au?ority to     
issue additional debt1 z submitt$ "u    
section #caja ( title #ca1 ,unit$ ,/ates
 ,code1 on  7) ! blank space be+ fill$ 9
 ) ! date on :i* ! applicable           
c]tification "u subsection 7b77#a7 0    
receiv$72 &  7#d7 ! matt] aft] ! resolv+
 clause ( :i* is only z foll[s3 ,t      
,congress disapproves ( ! ,secret>y ( ! 
,treasury's ex]cise ( ! au?ority to     
issue additional debt1 z ex]cis$        
pursuant to ! c]tification "u section   
#caja7;b7 ( title #ca1 ,unit$ ,/ates    
,code44  7b7 ,c]tification  7#a7 ,9     
g5]al ,! ,secret>y ( ! ,treasury %all   
submit to ,congress a writt5            
c]tification :5ev] ! ,secret>y ( !      
,treasury det]m9es t ! debt is )9       
#ajj1jjj1jjj1jjj ( a #a1jjj1jjj1jjj1jjj 
increm5t & t fur!r borr[+ is requir$ to 
meet exi/+ commitm5ts4  7#b7 ,au?ority  

to issue debt aft] c]tification ,subject
 to ! requirem5ts ( ?is section1 !      
,unit$ ,/ates may issue additional debt 
z necess>y to meet exi/+ commitm5ts on &
 aft] ! date on :i* ! ,secret>y ( !     
,treasury submits a writt5 c]tification 
to ,congress "u p>agraph 7#a74  7#c7    
,resolution ( disapproval ,congress may 
consid] a jo9t resolution relat+ to ea* 
c]tification submitt$ by ! ,secret>y ( !
 ,treasury "u p>agraph 7#a74  7c7       
,enactm5t ( jo9t resolution ,! ,unit$   
,/ates may n issue additional debt if1 n
 lat] ?an #cj cal5d> days aft] ! date on
 :i* ,congress receives a c]tification  
submitt$ "u subsection 7b77#a7          
7reg>dless ( :e!r ,congress is 9        
session71 !re is enact$ into law a jo9t 
resolution disapprov+ ! ,secret>y ( !   
,treasury's ex]cise ( au?ority to issue 
additional debt4  7d7 ,exp$it$          
consid]ation 9 ! ,h\se ( ,repres5tatives
  7#a7 ,reconv5+ ,^u receipt ( a        
c]tification submitt$ "u subsection     
7b77#a71 ! ,speak]1 if ! ,h\se (        

,repres5tatives w\ld o!rwise be adj\rn$1
 %all notify ! ,memb]s ( ! ,h\se (      
,repres5tatives t1 pursuant to ?is      
section1 ! ,h\se ( ,repres5tatives %all 
conv5e n lat] ?an ! second cal5d> day   
aft] receipt ( su* c]tification4  7#b7  
,report+ & dis*>ge ,any committee ( !   
,h\se ( ,repres5tatives to :i* a jo9t   
resolution is ref]r$ %all report x to ! 
,h\se ( ,repres5tatives )\t am5dm5t n   
lat] ?an #e cal5d> days aft] ! date (   
introduction ( ! jo9t resolution4 ,if a 
committee fails to report ! jo9t        
resolution )9 t p]iod1 ! committee %all 
be dis*>g$ f fur!r consid]ation ( ! jo9t
 resolution & ! jo9t resolution %all be 
ref]r$ to ! appropriate cal5d>4  7#c7   
,proce$+ to consid]ation ,aft] ea*      
committee au?oriz$ to consid] a jo9t    
resolution reports x to ! ,h\se (       
,repres5tatives or has be5 dis*>g$ f its
 consid]ation1 x %all be 9 ord]1 n lat] 
?an ! six? day aft] introduction ( !    
jo9t resolution1 to move to proce$ to   
consid] ! jo9t resolution 9 ! ,h\se (   

,repres5tatives4 ,all po9ts ( ord] aga9/
 ! motion are waiv$4 ,su* a motion %all 
n be 9 ord] ) respect to a jo9t         
resolution relat+ to a c]tification aft]
 ! ,h\se ( ,repres5tatives has dispos$ (
 a motion to proce$ t jo9t resolution4  
,! previ\s "q %all be consid]$ z ord]$  
on ! motion to its adoption )\t int]v5+ 
motion4 ,! motion %all n be debatable4  
,a motion to reconsid] ! vote by :i* !  
motion is dispos$ ( %all n be 9 ord]4   
7#d7 ,consid]ation ,a jo9t resolution   
%all be consid]$ z read4 ,all po9ts (   
ord] aga9/ a jo9t resolution & aga9/ its
 consid]ation are waiv$4 ,an am5dm5t to 
a jo9t resolution is n 9 ord]4 ,!       
previ\s "q %all be consid]$ z ord]$ on a
 jo9t resolution to its passage )\t     
int]v5+ motion except #b h\rs ( debate  
equally divid$ & controll$ by ! propon5t
 & an oppon5t4 ,a motion to reconsid] ! 
vote on passage ( a jo9t resolution %all
 n be 9 ord]4  7e7 ,exp$it$ proc$ure 9 !
 ,s5ate  7#a7 ,reconv5+ ,^u receipt ( a 
c]tification "u subsection 7b77#a71 if !

 ,s5ate has adj\rn$ or recess$ = m ?an  
#b days1 ! majority lead] ( ! ,s5ate1   
aft] consultation ) ! m9ority lead] ( ! 
,s5ate1 %all notify ! ,memb]s ( ! ,s5ate
 t1 pursuant to ?is section1 ! ,s5ate   
%all conv5e n lat] ?an ! second cal5d>  
day aft] receipt ( su* message4  7#b7   
,placem5t on cal5d> ,^u introduction 9 !
 ,s5ate1 a jo9t resolution %all be      
imm$iately plac$ on ! cal5d>4  7#c7     
,floor consid]ation  7,a7 ,9 g5]al      
,not)/&+ rule ,,xxii ( ! ,/&+ ,rules ( !
 ,s5ate1 x is 9 ord] at any "t dur+ !   
p]iod beg9n+ on ! day aft] ! date on :i*
 ,congress receives a c]tification "u   
subsection 7b77#a7 & end+ on ! #f? day  
aft] ! date on :i* ,congress receives ! 
c]tification 7ev5 ?\gh a previ\s motion 
to ! same effect has be5 disagre$ to7 to
 move to proce$ to ! consid]ation ( a   
jo9t resolution relat+ to !             
c]tification1 & all po9ts ( ord] aga9/ !
 jo9t resolution 7& aga9/ consid]ation (
 ! jo9t resolution7 are waiv$4 ,! motion
 to proce$ is n debatable4 ,! motion is 

n subject to a motion to po/pone4 ,a    
motion to reconsid] ! vote by :i* !     
motion is agre$ to or disagre$ to %all n
 be 9 ord]4 ,if a motion to proce$ to ! 
consid]ation ( a jo9t resolution is     
agre$ to1 ! jo9t resolution %all rema9 !
 unf9i%$ bus9ess until dispos$ (4  7,b7 
,consid]ation ,consid]ation ( a jo9t    
resolution1 & on all debatable motions &
 appeals 9 connection !re)1 %all be     
limit$ to n m ?an #aj h\rs1 :i* %all be 
divid$ equally betwe5 ! majority &      
m9ority lead]s or _! designees4 ,a      
motion fur!r to limit debate is 9 ord] &
 n debatable4 ,an am5dm5t to a jo9t     
resolution1 a motion to po/pone1 or a   
motion to proce$ to ! consid]ation ( o!r
 bus9ess1 or a motion to recommit a jo9t
 resolution is n 9 ord]4  7,c7 ,vote on 
passage ,if ! ,s5ate has vot$ to proce$ 
to a jo9t resolution1 ! vote on passage 
( ! jo9t resolution %all occur          
imm$iately foll[+ ! conclusion (        
consid]ation ( ! jo9t resolution1 & a   
s+le quorum call at ! conclusion ( !    

debate if reque/$ 9 accordance ) ! rules
 ( ! ,s5ate4  7,d7 ,rul+s ( ! *air on   
proc$ure ,appeals f ! decisions ( !     
,*air relat+ to ! application ( ! rules 
( ! ,s5ate1 z ! case may be1 to !       
proc$ure relat+ to a jo9t resolution    
%all be decid$ )\t debate4  7f7         
,coord9ation ) action by o!r ,h\se  7#a7
 ,9 g5]al ,if1 be=e pass+ a jo9t        
resolution relat+ to a c]tification "u  
subsection 7b77#a71 "o ,h\se receives f 
! o!r a jo9t resolution relat+ to ! same
 c]tification-- 7,a7 ! jo9t resolution (
 ! o!r ,h\se %all n be ref]r$ to a      
committee2 &  7,b7 ! proc$ure 9 !       
receiv+ ,h\se %all be ! same z if no    
jo9t resolution _h be5 receiv$ f ! o!r  
,h\se until ! vote on passage1 :5 ! jo9t
 resolution receiv$ f ! o!r ,h\se %all  
supplant ! jo9t resolution ( ! receiv+  
,h\se4  7#b7 ,treatm5t ( jo9t resolution
 ( o!r h\se ,if ! ,s5ate fails to       
introduce or consid] a jo9t resolution  
"u ?is section relat+ to a c]tification 
"u subsection 7b77#a71 ! jo9t resolution

 ( ! ,h\se relat+ to ! same c]tification
 %all be entitl$ to exp$it$ floor       
proc$ures "u ?is section4  7#c7         
,treatm5t ( companion measures ,if1     
foll[+ passage ( a jo9t resolution 9 !  
,s5ate1 ! ,s5ate receives ! companion   
measure f ! ,h\se ( ,repres5tatives1 !  
companion measure %all n be debatable4  
7#d7 ,consid]ation aft] passage  7,a7 ,9
 g5]al ,if ,congress passes a jo9t      
resolution1 ! p]iod beg9n+ on ! date !  
,presid5t is pres5t$ ) ! jo9t resolution
 & end+ on ! date ! ,presid5t signs1    
all[s to become law )\t 8 signature1 or 
vetoes & returns ! jo9t resolution 7b   
exclud+ days :5 ei!r ,h\se is n 9       
session7 %all be disreg>d$ 9 comput+ !  
cal5d> day p]iod describ$ 9 subsection  
7c74  7,b7 ,veto message ,debate on a   
veto message 9 ! ,s5ate "u ?is section  
%all be #a h\r equally divid$ betwe5 !  
majority & m9ority lead]s or _!         
designees4  7#e7 ,veto ov]ride ,if1 )9 !
 cal5d> day p]iod describ$ 9 subsection 
7c71 ,congress ov]rides a veto ( a jo9t 

resolution relat+ to a c]tification     
submitt$ "u subsection 7b77#a71 ! ,unit$
 ,/ates may n issue any additional debt 
"u ?is *apt]4  7g7 ,rules ( ,h\se (     
,repres5tatives & ,s5ate ,?is subsection
 & subsections 7a71 7d71 7e71 & 7f7 are 
enact$ by ,congress-- 7#a7 z an ex]cise 
( ! rulemak+ p[] ( ! ,s5ate & ,h\se (   
,repres5tatives1 respectively1 & z su*  
are deem$ a "p ( ! rules ( ea* ,h\se1   
respectively1 b applicable only )       
respect to ! proc$ure to be foll[$ 9 t  
,h\se 9 ! case ( a jo9t resolution1 & !y
 sup]s$e o!r rules only to ! ext5t t !y 
are inconsi/5t ) su* rules2 &  7#b7 )   
full recognition ( ! con/itutional "r ( 
ei!r ,h\se to *ange ! rules 7s f> z     
relat+ to ! proc$ure ( t ,h\se7 at any  
"t1 9 ! same mann]1 & to ! same ext5t z 
9 ! case ( any o!r rule ( t ,h\se4  7h7 
,debt def9$  7#a7 ,9 g5]al ,= purposes (
 ?is section1 ! t]m debt means ! face   
am\nt ( obligations issu$ "u ?is *apt] &
 ! face am\nt ( obligations ^: pr9cipal 
& int]e/ are gu>ante$ by ! ,unit$ ,/ates

 ,gov]nm5t 7except gu>ante$ obligations 
held by ! ,secret>y ( ! ,treasury74     
7#b7 ,det]m9ation ( face am\nt  7,a7 ,9 
g5]al ,= purposes ( ?is section1 !      
curr5t r$emption value ( an obligation  
issu$ on a disc\nt basis & r$eemable    
be=e maturity at ! option ( its hold] is
 deem$ to be ! face am\nt ( !           
obligation4  7,b7 ,c]ta9 obligations n  
r$eemable be=e maturity ,= purposes (   
?is section1 ! face am\nt1 = any mon?1 (
 any obligation issu$ on a disc\nt basis
 t is n r$eemable be=e maturity at !    
option ( ! hold] ( ! obligation is an   
am\nt equal to ! sum (-- 7i7 ! orig9al  
issue price ( ! obligation1 plus  7ii7 !
 portion ( ! disc\nt on ! obligation    
attributable to p]iods be=e ! beg9n+ (  
su* mon? 7z det]m9$ "u ! pr9ciples (    
section #abgb7;a7 ( ! ,int]nal ,rev5ue  
,code ( #aihf )\t reg>d to any          
exceptions conta9$ 9 p>agraph 7#b7 ( su*
 section74  4  #c4 ,repeal ( expir$     
provision  7a7 ,repeal ,section #caja;,a
 ( title #ca1 ,unit$ ,/ates ,code1 is   

repeal$4  7b7 ,cl]ical am5dm5t ,! table 
( sections = sub*apt] ,i ( *apt] #ca (  
title #ca1 ,unit$ ,/ates ,code1 is am5d$
 by /rik+ ! item relat+ to section      
#caja;,a4  #d4 ,te*nical & con=m+       
am5dm5ts  7a7 ,9 g5]al  7#a7 ,section   
#hcdh ( title #e1 ,unit$ ,/ates ,code1  
is am5d$ by /rik+ subsections 7j71 7k71 
& 7l74  7#b7 ,section #hdch ( title #e1 
,unit$ ,/ates ,code1 is am5d$ by /rik+  
subsections 7g7 & 7h74  7#c7 ,section   
#ad7;d77#b77;,a7 ( ! ,f$]al ,deposit    
,insurance ,act 7#ab ,u4,s4,c4          
#ahbd7;d77#b77;,a77 is am5d$-- 7,a7 by  
/rik+ 9 section #caja7;b7 & ins]t+ "u   
section #caja2 &  7,b7 by /rik+ an      
obligation to :i* su* limit applies &   
ins]t+ debt1 z def9$ 9 subsection 7h7 ( 
su* section4  7b7 ,sav+s provisions     
,not)/&+ ! am5dm5ts made by p>agraphs   
7#a7 & 7#b7 ( subsection 7a7-- 7#a7     
p>agraphs 7#b71 7#c71 & 7#d7 (          
subsection 7j7 & subsection 7l77#a7 (   
section #hcdh ( title #e1 ,unit$ ,/ates 
,code1 z 9 effect on ! day be=e ! date (

 enactm5t ( ?is ,act1 %all apply to any 
debt issuance susp5sion p]iod 7z def9$  
"u section #hcdh7;j77#e7 ( su* title7 t 
is 9 effect on ! date ( enactm5t ( ?is  
,act2 &  7#b7 p>agraphs 7#b71 7#c71 &   
7#d7 ( subsection 7g7 & subsection      
7h77#a7 ( section #hdch ( title #e1     
,unit$ ,/ates ,code1 z 9 effect on ! day
 be=e ! date ( enactm5t ( ?is ,act1 %all
 apply to any debt issuance susp5sion   
p]iod 7z def9$ "u section #hdch7;g77#f7 
( su* title7 t is 9 effect on ! date (  
enactm5t ( ?is ,act4