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H.R. 807: Full Faith and Credit Act

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H.R. 807: Full Faith and Credit Act

113th Congress · introduced 2013-02-25 · Economics and Public Finance · Latest: Received in the Senate and Read twice and referred to the Committee on Finance.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2013-02-25 · official record
  2. Who proposed it: Rep. McClintock, Tom [R-CA-4] · what a sponsor is
  3. What happened next: 3 recorded votes in our records. Latest: House roll call 140 (2013): On Agreeing to the Amendment, HR807 (2013-05-09), Agreed to. See all
  4. Where it stands now: Received in the Senate and Read twice and referred to the Committee on Finance. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Full Faith and Credit Act

Plain summary

Full Faith and Credit Act - Requires the Secretary of the Treasury, in addition to any other authority provided by law, to issue obligations to pay with legal tender, and solely for the purpose of paying, the principal and interest on U.S. obligations held by the public, or held by the Old-Age and Survivors Insurance Trust Fund and Disability Insurance Trust Fund, in the event that the federal debt reaches the statutory limit after enactment of this Act. Prohibits: (1) the use of the issued obligations to pay compensation for Members of Congress, and (2) these obligations from being taken into account in applying the current $16.394 trillion public debt limit to the extent that they would otherwise cause such limit to be exceeded. Requires the Secretary, if such authority is exercised after enactment of this Act, to report to specified congressional committees each week the authority is in use and provide an accounting of: (1) the principal on mature obligations and interest due or accrued by the United States, and (2) any obligations issued pursuant to this Act.

Congressional Research Service summary (Passed House amended), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Full Faith and Credit Act

Source: Congressional Research Service summary (Passed House amended)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. McClintock, Tom [R-CA-4] · 106 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Steve Scalise (R-LA), Jim Jordan (R-OH), Tom Cole (R-OK), Todd Young (R-IN), Virginia Foxx (R-NC), Marsha Blackburn (R-TN), Bill Huizenga (R-MI), Cynthia M. Lummis (R-WY), David Schweikert (R-AZ), Ann Wagner (R-MO), Joe Wilson (R-SC), Tim Walberg (R-MI), Charles J. "Chuck" Fleischmann (R-TN), Andy Barr (R-KY), Marlin A. Stutzman (R-IN), Kevin Cramer (R-ND) and 46 more.

Sponsor's campaign money: Rep. McClintock, Tom [R-CA-4] reported raising $1.3 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Recorded votes

Words on this page, explained (2)
Obligation
A binding promise by a government agency to pay money, for example by signing a contract or awarding a grant. Spending data such as USAspending.gov counts money when it is obligated, which can be before it is actually paid out.
Statute
A written law passed by a legislature. A statute can be changed by a later law; changing a constitution needs an amendment.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong113-hr807 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113