SJRES 12
101th Congress
Senate
Economics and Public Finance
Balanced budgets
Budget deficits
Constitutional amendments
Deficit financing
Federal budgets
Federal receipts and expenditures
Income tax
Legislation
Record votes
Tax rates
Taxation
A joint resolution proposing an amendment to the Constitution relating to a Federal balanced budget.
Introduced: January 25, 1989
See on congress.gov
Everywhere this bill has been
5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 27, 1989
Subcommittee on Constitution. Subcommittee included provisions into S.J. Res. 183.
Jul 27, 1989
Subcommittee on Constitution. Hearings held.
Jan 31, 1989
Referred to Subcommittee on Constitution.
Jan 25, 1989
Read twice and referred to the Committee on Judiciary.
Jan 25, 1989
Introduced in Senate
Plain-English summary
Constitutional Amendment - Prohibits fiscal year Federal outlays (except those for repayment of debt principal) from exceeding receipts (except those derived from borrowing), unless the Congress authorizes a specific excess by a three-fifths vote of both Houses.
Permits any bill for raising taxes to become law only if a majority of the whole number of both Houses of Congress approves it by roll call vote.
Authorizes a waiver of these provisions when a declaration of war is in effect.
What's happening now
Subcommittee on Constitution. Subcommittee included provisions into S.J. Res. 183.
Committees of jurisdiction
2