# 114-hr-3774: Protect America's Credit Act of 2015

114-hr-3774, Protect America's Credit Act of 2015, is a 114th Congress bill sponsored by Rep. Peters, Scott H. [D-CA-50] (D-CA); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-3774
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-3774
- Congress: 114
- Title: Protect America's Credit Act of 2015
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2015-10-20
- Sponsor: Rep. Peters, Scott H. [D-CA-50] (D-CA)
- Cosponsors: 1
- Policy area: Economics and Public Finance
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Protect America's Credit Act of 2015 This bill revises the statutory debt limit to: (1) apply the limit only to debt held by the public, and (2) require annual adjustments to the limit to account for increases in the gross domestic product. (Under current law, the debt limit applies to debt held by the public and debt held by government accounts. Debt held by the public consists mainly of securities issued by the Treasury and held by investors. Debt held by the government is debt issued to the federal government's trust funds for programs such as Social Security, Medicare, and military and civil service retirement benefits.)

## Cosponsors (1)

- Rep. Cooper, Jim [D-TN-5] (D-TN), 2015-10-20T00:00:00.000Z

## Related bills

- 114-hr-6025: American Innovation $1 Coin Act
- 114-hr-5813: Overtime Reform and Enhancement Act
- 114-hr-5625: Modernizing Government Travel Act
- 114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016
- 114-hr-5051: OPEN Government Data Act
- 114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika virus.

## Sources
- [114-hr-3774 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/3774)

## Related
- [114-hr-6025: American Innovation $1 Coin Act](https://policyrisk.com/legislation/114-hr-6025)
- [114-hr-5813: Overtime Reform and Enhancement Act](https://policyrisk.com/legislation/114-hr-5813)
- [114-hr-5625: Modernizing Government Travel Act](https://policyrisk.com/legislation/114-hr-5625)
- [114-hr-5292: Air Traffic Controller Hiring Improvement Act of 2016](https://policyrisk.com/legislation/114-hr-5292)
- [114-hr-5051: OPEN Government Data Act](https://policyrisk.com/legislation/114-hr-5051)
- [114-hr-5044: Making supplemental appropriations for fiscal year 2016 to respond to Zika viru…](https://policyrisk.com/legislation/114-hr-5044)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-3774 (as of 2025-11-18).
