H.R. 2496 (112th): Payment Reliability for our Obligations to Military and Investors to Secure Essential Stability Act

Introduced:
Jul 12, 2011 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
Steve King
Representative for Iowa's 5th congressional district
Party
Republican
Text
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Last Updated
Jul 12, 2011
Length
4 pages
Related Bills
S. 1365 (Related)
Protecting Military Pay Act of 2011

Referred to Committee
Last Action: Jul 13, 2011

H.R. 2402 (Related)
Prioritize Spending Act of 2011

Referred to Committee
Last Action: Jun 24, 2011

 
Status

This bill was introduced on July 12, 2011, in a previous session of Congress, but was not enacted.

Progress
Introduced Jul 12, 2011
Referred to Committee Jul 12, 2011
 
Full Title

To specify that in the event that the debt ceiling is reached, the United States shall prioritize the payment of pay and allowances to members of the Armed Forces, including reserve components thereof, and the payment of obligations on the public debt, and to appropriate such funds as may be necessary to ensure that members of the Armed Forces, including reserve components thereof, continue to receive pay and allowances for active service performed when a funding gap occurs.

Summary

No summaries available.

Cosponsors
6 cosponsors (6R) (show)
Committees

House Armed Services

Military Personnel

House Transportation and Infrastructure

Coast Guard and Maritime Transportation

House Ways and Means

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

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

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.


7/12/2011--Introduced.
Payment Reliability for our Obligations to Military and Investors to Secure Essential Stability Act or the PROMISES Act - Sets forth the priority of the payment of obligations incurred by the U.S. government in the event that U.S. debt reaches the statutory limit.
Directs the Secretary of the Treasury, during any funding gap impacting the Armed Forces, to make emergency appropriations to continue to provide pay and allowances (without interruption) to members of the Army, Navy, Air Force, Marine Corps, and Coast Guard, including the reserve components thereof, who perform active service.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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