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HR 746 109th Congress House Foreign Trade and International Finance Balance of payments Congress Congress and foreign policy Congressional reporting requirements Economic statistics Economics and Public Finance Foreign investments Foreign loans Gross national product International Affairs Planning

Foreign Debt Ceiling Act of 2005

Introduced: February 10, 2005 See on congress.gov
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This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 3, 2005
Referred to the Subcommittee on Trade.
Feb 10, 2005
Referred to the House Committee on Ways and Means.
Feb 10, 2005
Introduced in House
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 Plain-English summary Congressional Research Service

Foreign Debt Ceiling Act of 2005 - Requires the U.S. Trade Representative (USTR), every three months, to determine if: (1) the net U.S. foreign debt for the preceding 12-month period is more than 25 percent of the U.S. Gross Domestic Product (GDP) for the same period; or (2) the U.S. trade deficit for such period is more than five percent of the GDP for the same period. Requires the USTR, whenever an affirmative determination is made, to: (1) convene an emergency meeting of the Trade Policy Review Group to develop a plan of action to reduce the U.S. trade deficit; and (2) report to Congress on the details of the plan.

What's happening now March 3, 2005

Referred to the Subcommittee on Trade.

 Related & companion bills 1
  • S 355 Related bill Foreign Debt Ceiling Act of 2005
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 2
All 2 Democratic 2
D
Larson, John B.
Connecticut · Feb 10, 2005
 D
Neal, Richard E.
Massachusetts · Feb 10, 2005
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 746: Foreign Debt Ceiling Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-HR-746/
MLA
"H.R. 746: Foreign Debt Ceiling Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-746/.
Bluebook (legal)
H.R. 746, 109th Cong. (2026), https://openamerica.io/bill/109-HR-746/.
Markdown link
[H.R. 746: Foreign Debt Ceiling Act of 2005](https://openamerica.io/bill/109-HR-746/)
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