# 119-hr-737: Extraordinary Measures Transparency Act

119-hr-737, Extraordinary Measures Transparency Act, is a 119th Congress bill sponsored by Rep. Nunn, Zachary [R-IA-3] (R-IA); status introduced; PRIA reads it as touching household money (as of 2025-12-21).

- Canonical: https://policyrisk.com/legislation/119-hr-737
- As of: 2025-12-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-737
- Congress: 119
- Title: Extraordinary Measures Transparency Act
- Status: introduced
- Introduced: 2025-01-24
- Sponsor: Rep. Nunn, Zachary [R-IA-3] (R-IA)
- Cosponsors: 1
- Policy area: Economics and Public Finance
- Touches household money: yes
- Last recorded action: 2025-12-21

## Summary

**Requires clear, timely reporting when Treasury would use extraordinary measures to avoid the federal debt limit.** The bill would make Treasury provide Congress a pre-limit report 30 days before reaching the limit describing which measures it intends to use, estimate their cost and duration, and project administrative costs. - Congress would get daily and end-of-use detail on which measures were taken and the specific amounts and accounts involved, improving visibility into short-term financing actions. - Treasury would have to estimate and later itemize administrative costs, including personnel and consultant costs and any fees, when implementing extraordinary measures. - The bill defines which actions count as extraordinary measures and lists examples, such as using the Federal Financing Bank, suspending certain retirement and stabilization fund investments, selling or redeeming invested assets, and suspending State and Local Government Series sales.

## Cosponsors (1)

- Rep. Davis, Donald G. [D-NC-1] (D-NC), 2025-01-24T00:00:00.000Z

## Provisions PRIA read

- Treasury reporting on debt-limit measures: benefit, medium. This bill would require the Treasury Secretary to tell Congress 30 days before the public debt limit is reached. The pre-limit report would say which "extraordinary measures" the Treasury plans to use, estimate their costs, how long they would fund the government, and projected administrative costs…

## Related bills

- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-4393: DIGNIDAD (Dignity) Act of 2025
- 119-hr-3633: Digital Asset Market Clarity Act
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-1229: United States-Israel Defense Partnership Act of 2025

## Sources
- [119-hr-737 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/737)

## Related
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-4393: DIGNIDAD (Dignity) Act of 2025](https://policyrisk.com/legislation/119-hr-4393)
- [119-hr-3633: Digital Asset Market Clarity Act](https://policyrisk.com/legislation/119-hr-3633)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-1229: United States-Israel Defense Partnership Act of 2025](https://policyrisk.com/legislation/119-hr-1229)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-737 (as of 2025-12-21).