To ensure the payment of interest and principal of the debt of the United States.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Representative for California's 4th congressional district. Republican.
Last Updated: Oct 22, 2015
Length: 4 pages
114th Congress (2015–2017)
This bill was introduced in a previous session of Congress and was passed by the House on October 21, 2015 but was never passed by the Senate.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
112 Cosponsors (112 Republicans)
Statement of Administration Policy
What legislators are saying
“Default Prevention Act Approved by House of Representatives”
— Rep. Tom McClintock [R-CA4] (Sponsor) on Oct 21, 2015
Feb 3, 2015
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Sep 10, 2015
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.
Sep 18, 2015
Reported by House Committee on Ways and Means
A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.
Oct 21, 2015
Passed House (Senate next)
The bill was passed in a vote in the House. It goes to the Senate next.
Jan 10, 2017
Reintroduced Bill — Introduced
This activity took place on a related bill, H.R. 422 (115th).
H.R. 692 (114th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 692. This is the one from the 114th Congress.
This bill was introduced in the 114th Congress, which met from Jan 6, 2015 to Jan 3, 2017. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
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GovTrack.us. (2021). H.R. 692 — 114th Congress: Default Prevention Act. Retrieved from https://www.govtrack.us/congress/bills/114/hr692
“H.R. 692 — 114th Congress: Default Prevention Act.” www.GovTrack.us. 2015. November 27, 2021 <https://www.govtrack.us/congress/bills/114/hr692>
Default Prevention Act, H.R. 692, 114th Cong. (2015).
|title=H.R. 692 (114th)
|accessdate=November 27, 2021
|author=114th Congress (2015)
|date=February 3, 2015
|quote=Default Prevention Act
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.