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H.R. 1237 (114th): Fiscal Sanity Act for the National Debt

The text of the bill below is as of Mar 4, 2015 (Introduced).

Source: GPO

I

114th CONGRESS

1st Session

H. R. 1237

IN THE HOUSE OF REPRESENTATIVES

March 4, 2015

introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

Eliminating the debt ceiling for a period defined, and for other purposes.

1.

Short title

This Act may be cited as the Fiscal Sanity Act for the National Debt.

2.

Nonapplicability of debt ceiling

Section 3101(b) of title 31, United States Code, shall not apply for the period beginning on the date of the enactment of this Act and ending 90 days thereafter.