The California Debt and Investment Advisory Commission (CDIAC) provides information, education, and technical assistance on debt issuance and public. The Due Process Clause provides that no states shall deprive any "person" of "life, liberty or property" without due process of law.The debt ceiling, created under the Second Liberty Bond Act of 1917, sets the maximum amount of money that the United States can borrow. The Fourteenth Amendment (Amendment XIV) to the United States Constitution was adopted on July 9, 1868, as one of the Reconstruction Amendments. Section 4 Public Debt. 1979, adopted May 15, 2018 and effective on June 14, 2018, adds a new Article to Chapter 2.130 (Political Finance Reform Act) of the City Code. Ultimately, the Obama administration ruled the 14th Amendment out. In a 2-1 ruling, the Court held that the police's GPS pinging did not violate the Fourth Amendment, even without a search warrant based on probable cause. 1309 Bonded debt limit. Sec. Legislatures began protecting the lives of human beings in the womb long before American independence.