HJRES 119
115th Congress
House
Economics and Public Finance
Budget deficits and national debt
Constitution and constitutional amendments
Legislative rules and procedure
Proposing a balanced budget amendment to the Constitution of the United States.
Introduced: October 23, 2017
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 1, 2017
Referred to the Subcommittee on the Constitution and Civil Justice.
Oct 23, 2017
Referred to the House Committee on the Judiciary.
Oct 23, 2017
Introduced in House
Plain-English summary
Constitutional Amendment
This joint resolution proposes a constitutional amendment requiring federal expenditures and receipts to be balanced, excluding expenditures for payment of debt and receipts derived from borrowing. The requirement may be met over more than one year to accommodate economic conditions.
In emergency situations, two-thirds of the House of Representatives and the Senate may authorize expenditures to exceed receipts for a limited time. Debts from emergency expenditures must be paid as soon as practicable.
Congress may enforce the article with legislation, which must require compliance within 10 years of ratification.
What's happening now
Referred to the Subcommittee on the Constitution and Civil Justice.
Committees of jurisdiction
2