H.R. 3526: Extraordinary Measures Transparency Act

118th Congress · introduced 2023-05-18 · Economics and Public Finance · Latest: Referred to the House Committee on Ways and Means.

federal

Follow this bill, step by step

Where it came from: introduced 2023-05-18 · official record
Who proposed it: Rep. Nunn, Zachary [R-IA-3] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Ways and Means. Not final yet: this can still change. We check for updates every day.
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

Extraordinary Measures Transparency Act

Plain summary

Extraordinary Measures Transparency Act This bill requires the Department of the Treasury to report to Congress regarding extraordinary measures used to avoid exceeding the federal debt limit. (The term extraordinary measures refers to a series of actions that Treasury may implement to allow the United States to borrow additional funds without exceeding the debt limit. The measures often include suspensions of debt sales and suspensions or redemptions of investments in certain government funds.) If Treasury determines that the public debt will reach the limit in 30 days, Treasury must submit a report to Congress that includes a description of the extraordinary measures that Treasury intends to use if the debt limit is not raised, an estimate of the cost of the measures, a projection of how long the measures will fund the federal government, and a projection of the administrative cost of taking the measures. Treasury must also submit specified daily reports to Congress when the measures are being used. After using the measures, Treasury must report to Congress regarding the measures that were used and the administrative cost of the measures.

Congressional Research Service summary (Introduced in House), 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.

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What does this mean? (plain words)

Official text

Extraordinary Measures Transparency Act

Source: Congressional Research Service summary (Introduced in House)

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

Officials and money

Sponsor: Rep. Nunn, Zachary [R-IA-3] · 1 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Donald G. Davis (D-NC)

Sponsor's campaign money: Rep. Nunn, Zachary [R-IA-3] reported raising $6.1 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-118hr3526.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/118/hr>

Record fed-us-cong118-hr3526 · catalog fed-us-congress-bills-cong118 · updated 2026-11-15 by psicol fed-bills-cong118