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31 U.S.C. § 3101

Public debt limit

United States · Title 31 — MONEY AND FINANCE · Status: effective

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31 U.S.C. § 3101, Public debt limit, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/467593
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Full text

For purposes of this section, the face amount, for any month, of any obligation issued on a discount basis that is not redeemable before maturity at the option of the holder of the obligation is an amount equal to the sum of—

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 97-258(H.R. 6128)1982-09-13
    A bill to revise, codify, and enact without substantive change certain general and permanent laws, related to money and finance, as title 31, United States Code, "Money and Finance".
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 98-34(H.R. 2990)1983-05-26
    An act to increase the permanent public debt limit, and for other purposes.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 98-161(H.J.Res. 308)1983-11-21
    A joint resolution increasing the statutory limit on the public debt.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 98-342(H.R. 5953)1984-07-06
    A bill to increase the statutory limit on the public debt.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 98-475(H.J.Res. 654)1984-10-13
    A joint resolution increasing the statutory limit on the public debt.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 99-177(H.J.Res. 372)1985-12-12
    Balanced Budget and Emergency Deficit Control Act of 1985
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 99-384(H.R. 5395)1986-08-21
    Balanced Budget and Emergency Deficit Control Reaffirmation Act of 1986
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 100-119(H.J.Res. 324)1987-09-29
    Balanced Budget and Emergency Deficit Control Reaffirmation Act of 1987
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 101-72(H.R. 3024)1989-08-07
    To increase the statutory limit on the public debt, and for other purposes.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 101-140(H.J.Res. 280)1989-11-08
    Increasing the statutory limit on the public debt.
    House: no recorded tallySenate: no recorded tally
  • Amended byPub. L. 101-508(H.R. 5835)1990-11-05
    Omnibus Budget Reconciliation Act of 1990
  • Amended byPub. L. 103-66(H.R. 2264)1993-08-10
    Omnibus Budget Reconciliation Act of 1993
  • Amended byPub. L. 104-121(H.R. 3136)1996-03-29
    Contract with America Advancement Act of 1996
    House: 328–91Senate: no recorded tally
  • Amended byPub. L. 105-33(H.R. 2015)1997-08-05
    Balanced Budget Act of 1997
  • Amended byPub. L. 107-199(S. 2578)2002-06-28
    A bill to amend title 31 of the United States Code to increase the public debt limit.
  • Amended byPub. L. 108-24(H.J.Res. 51)2003-05-27
    Increasing the statutory limit on the public debt.
    House: no recorded tallySenate: 53–44
  • Amended byPub. L. 108-415(S. 2986)2004-11-19
    A bill to amend title 31 of the United States Code to increase the public debt limit.
  • Amended byPub. L. 109-182(H.J.Res. 47)2006-03-20
    Increasing the statutory limit on the public debt.
    House: no recorded tallySenate: 52–48
  • Amended byPub. L. 110-91(H.J.Res. 43)2007-09-29
    Increasing the statutory limit on the public debt.
    House: no recorded tallySenate: 53–42
  • Amended byPub. L. 110-289(H.R. 3221)2008-07-30
    Housing and Economic Recovery Act of 2008
  • Amended byPub. L. 110-343(H.R. 1424)2008-10-03
    A bill to provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, to amend the Internal Revenue Code of 1986 to provide incentives for energy production and conservation, to extend certain expiring provisions, to provide individual income tax relief, and for other purposes.
  • Amended byPub. L. 111-5(H.R. 1)2009-02-17
    American Recovery and Reinvestment Act of 2009
  • Amended byPub. L. 111-123(H.R. 4314)2009-12-28
    To permit continued financing of Government operations.
  • Amended byPub. L. 111-139(H.J.Res. 45)2010-02-12
    Increasing the statutory limit on the public debt.
    House: no recorded tallySenate: 60–39
  • Amended byPub. L. 112-25(S. 365)2011-08-02
    Budget Control Act of 2011
    House: 269–161Senate: no recorded tally