HJRES 86
107th Congress
House
Economics and Public Finance
Balanced budgets
Budget deficits
Congress
Congressional voting
Constitutional amendments
Debt limit
Federal budgets
Government Operations and Politics
Income tax
Law
Legislation
Record votes
Tax rates
Taxation
Proposing a balanced budget amendment to the Constitution of the United States.
Introduced: April 11, 2002
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 6, 2002
Referred to the Subcommittee on the Constitution.
Apr 11, 2002
Referred to the House Committee on the Judiciary.
Apr 11, 2002
Introduced in House
Plain-English summary
Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a three-fifths roll call vote of each House, authorizes a specific excess of outlays over receipts.
Requires a three-fifths roll call vote of each House to increase the public debt limit.
Directs the President to submit a balanced budget to Congress.
Prohibits any bill to increase revenue from becoming law unless approved by a majority of each House.
Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.
What's happening now
Referred to the Subcommittee on the Constitution.
Committees of jurisdiction
2