Skip to main content
HJRES 9 103th Congress House Economics and Public Finance Balanced budgets Constitutional amendments Deficit financing Federal budgets Federal receipts and expenditures Legislation Public debt

Proposing a Balanced Budget Amendment to the Constitution of the United States.

Introduced: January 5, 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.
Sep 23, 1993
Motion to Discharge Committee filed by Mr. Hoekstra. Petition No: 103-4.
Feb 10, 1993
Referred to the Subcommittee on Economic and Commercial Law.
Jan 5, 1993
Referred to the House Committee on Judiciary.
Jan 5, 1993
Introduced in House
 Plain-English summary Congressional Research Service

Constitutional Amendment - Requires the Congress, prior to each fiscal year, to adopt a statement in which total Federal outlays do not exceed total receipts, unless a three-fifths vote of both Houses authorizes a specific excess. Limits the rate of increase in receipts in the statement to that of the increase in national income in the previous calendar year, unless law is enacted solely to approve specific additional receipts.

Directs the President to submit a balanced budget.

Authorizes waiver of these provisions in time of war.

Sets a permanent limit on the amount of Federal public debt, prohibiting any increase unless legislation enacted by a three-fifths majority of both Houses become law.

What's happening now March 17, 1994

See H.J.Res.103.

 Committees of jurisdiction 2