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HJRES 143 102th Congress House Economics and Public Finance Balanced budgets Budget deficits Constitutional amendments Deficit financing Federal budgets Federal receipts and expenditures Record votes

Proposing an amendment to the Constitution of the United States to provide that expenditures for a fiscal year shall neither exceed revenues for such fiscal year nor 19 percentum of the Nation's gross national product for the last calendar year ending before the beginning of such fiscal year.

Introduced: February 21, 1991 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 7, 1991
Referred to the Subcommittee on Economic and Commercial Law.
Feb 21, 1991
Referred to the House Committee on Judiciary.
Feb 21, 1991
Introduced in House
 Plain-English summary Congressional Research Service

Constitutional Amendment - Prohibits Federal expenditures from exceeding revenues for any fiscal year and from exceeding 19 percent of the gross national product for the last calendar year ending before the beginning of such fiscal year. Provides for a suspension of such prohibitions for any fiscal year for which three-fifths of the House of the Congress provides, by rollcall vote, for a specific excess of outlays over estimated revenues.

What's happening now June 7, 1991

Referred to the Subcommittee on Economic and Commercial Law.

 Committees of jurisdiction 2