A resolution providing for the consideration of H.R. 10049. A bill to increase the temporary debt limitation until March 31, 1976.

Provides that upon the adoption of this resolution it shall be in order to move that the House resolve itself into the Committee of the Whole House on the State of the Union for the consideration of the bill (H. R. 10049) to increase the temporary debt limitation until March 31, 1976, and all points of order against said bill for failure to comply with the provisions of clause 5, rule XXI are hereby waived. Directs that after general debate, which shall be confined to the bill and shall continue not to exceed one hour, to be equally divided and controlled by the chairman and ranking minority member of the Committee on Ways and Means, the bill shall be read for amendment under the five-minute rule. Provides that no amendment to section 3 of said bill and no amendment to said bill to change the 4 1/4 per centum interest rate ceiling on bond issues contained in section 1 of the Second Liberty Bond Act, as amended (31 U.S.C. 752) shall be in order, except amendments offered by direction of the Committee on Ways and Means, but said amendments shall not be subject to amendment. Directs that, at conclusion of the consideration of the bill for amendment, the Committee shall rise and report the bill to the House with such amendments as may have been adopted, and the previous question shall be considered as ordered on the bill and amendments thereto to final passage without intervening motion except one motion to recommit.