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HJRES 167 103th Congress House Economics and Public Finance Balanced budgets Budget deficits Congressional budget Constitutional amendments Deficit financing Federal budgets Federal receipts and expenditures Income tax Legislation Public debt Record votes Taxation

Proposing an amendment to the Constitution of the United States to provide for balanced budgets for the United States Government.

Introduced: March 30, 1993 See on congress.gov
 Everywhere this bill has been 5 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 17, 1994
See H.J.Res.103.
May 19, 1993
Sponsor introductory remarks on measure. (CR H2579-2580)
Apr 1, 1993
Referred to the Subcommittee on Economic and Commercial Law.
Mar 30, 1993
Referred to the House Committee on Judiciary.
Mar 30, 1993
Introduced in House
 Plain-English summary Congressional Research Service

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.

Prohibits an increase in the public debt limit unless three-fifths of both Houses provide by law for such an increase by a roll call vote.

What's happening now March 17, 1994

See H.J.Res.103.

 Committees of jurisdiction 2