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HR 2185 114th Congress House

Debt Limit Control and Accountability Act of 2015

Official title: To prohibit the Secretary of the Treasury from using extraordinary measures to prevent the Government from reaching the statutory debt limit, or using extraord… Show full official titleShow less

Official title: To prohibit the Secretary of the Treasury from using extraordinary measures to prevent the Government from reaching the statutory debt limit, or using extraordinary measures once such limit has been reached, and for other purposes.

Introduced: April 30, 2015 See on congress.gov
Economics and Public Finance Budget deficits and national debtEmployee benefits and pensionsFinancial services and investmentsGovernment employee pay, benefits, personnel management
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Government trust fundsHealth care costs and insurancePostal servicePresidents and presidential powers, Vice PresidentsSecuritiesState and local finance
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 30, 2015
Referred to the House Committee on Ways and Means.
Apr 30, 2015
Introduced in House
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 Latest action April 30, 2015

Referred to the House Committee on Ways and Means.

 Plain-English summary Congressional Research Service

Debt Limit Control and Accountability Act of 2015

This bill prohibits the Department of the Treasury from using extraordinary measures either to prevent the United States from reaching the statutory debt limit or once the debt limit has been reached.

Under the bill, extraordinary measures are: suspending investments of the Thrift Savings Plan G Fund or the Exchange Stabilization Fund; suspending the issuance of new securities to the Civil Service Retirement and Disability Fund and Postal Service Retiree Health Benefits Fund; redeeming early securities held by the Civil Service Retirement and Disability Fund and the Postal Service Retiree Health Benefits Fund; suspending the issuance of new State and Local Government Series securities and savings bonds; replacing Treasury securities subject to the debt limit with debt issued by the Federal Financing Bank; or any other extraordinary actions taken by Treasury to avoid defaulting on the obligations of the United States.

The bill also repeals statutory provisions that established procedures for presidential modification of the debt ceiling.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Republican 1
DeSantis, Ron
· Apr 30, 2015
Labrador, Raul
· Apr 30, 2015
 R
Perry, Scott
Pennsylvania · Apr 30, 2015
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2185: Debt Limit Control and Accountability Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-HR-2185/
MLA
"H.R. 2185: Debt Limit Control and Accountability Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-2185/.
Bluebook (legal)
H.R. 2185, 114th Cong. (2026), https://openamerica.io/bill/114-HR-2185/.
Markdown link
[H.R. 2185: Debt Limit Control and Accountability Act of 2015](https://openamerica.io/bill/114-HR-2185/)
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