S 3654 117th Congress Senate Economics and Public Finance

Debt Ceiling Reform Act

Introduced: February 15, 2022 Introduced by: Durbin, Richard J. Democratic · Illinois See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Feb 15, 2022

Read twice and referred to the Committee on Finance. (text: CR S708-710)

Feb 15, 2022

Introduced in Senate

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Plain-English summary Congressional Research Service

Debt Ceiling Reform Act

This bill replaces the existing federal debt limit with procedures that allow the Department of the Treasury to continue issuing additional debt unless Congress passes a joint resolution of disapproval regarding the additional debt, and the joint resolution becomes law.

What's happening now February 15, 2022

Read twice and referred to the Committee on Finance. (text: CR S708-710)

Related & companion bills 1

Bill text 1 version

Introduced in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Finance Committee
Senate

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APA

U.S. Congress. (2026). S. 3654: Debt Ceiling Reform Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-3654/

MLA

"S. 3654: Debt Ceiling Reform Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-3654/.

Bluebook (legal)

S. 3654, 117th Cong. (2026), https://openamerica.io/bill/117-S-3654/.

Markdown link

[S. 3654: Debt Ceiling Reform Act](https://openamerica.io/bill/117-S-3654/)