H.R. 371: Protecting America’s Solvency Act of 2013

Introduced:
Jan 23, 2013 (113th Congress, 2013–2015)
Sponsor:
Rep. Mo Brooks [R-AL5]
Status:
Referred to Committee
See Instead:

H.R. 443 (same title)
Referred to Committee — Feb 01, 2013

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was assigned to a congressional committee on January 23, 2013, which will consider it before possibly sending it on to the House or Senate as a whole.

Progress
Introduced Jan 23, 2013
Referred to Committee Jan 23, 2013
Reported by Committee ...
Passed House ...
Passed Senate ...
Signed by the President ...
Prognosis

1% chance of getting past committee.
0% chance of being enacted.

Only 11% of House bills made it past committee and only 3% were enacted in 2011–2013. [show factors | methodology]

Cosponsors
6 cosponsors (6R) (show)
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

Full Title

To increase the statutory limit on the public debt by $1,000,000,000 upon the adoption by Congress of a Balanced Budget Constitutional Amendment and by an additional $1,000,000,000 upon ratification by the States of that Amendment.

Summary

No summaries available.

Text

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Last updated Jan 23, 2013.
5 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

1/23/2013--Introduced.
Protecting America's Solvency Act of 2013 - Increases the public debt limit by $1 billion, effective upon adoption by the Congress of a balanced budget constitutional amendment in accordance with the requirements of this Act. Increases the public debt limit by an additional $1 billion, effective upon ratification of such amendment.
Requires such a balanced budget amendment to provide, among other things, that:
(1) total outlays of the United States (except those for repayment of debt principal) for any fiscal year shall not exceed total receipts (except those derived from borrowing) for that fiscal year;
(2) this fiscal year deficit prohibition may be suspended by a majority of the membership of both houses of Congress in the event of a congressionally declared war, or by 4/5 of the membership of Congress for any other fiscal year;
(3) the President, in specified circumstances, shall have discretion to take necessary steps to ensure total outlays for that fiscal year do not exceed total receipts;
(4) any Member of Congress, state governor, or state attorney general shall have standing and a cause of action to seek judicial enforcement of the amendment; and
(5) after ratification of the amendment its requirements shall be phased in according to a specified schedule.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

United States Code

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