H.J.Res. 75 · 111th Congress
Proposing an amendment to the Constitution of the United States to balance the Federal budget.
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
BrounSponsor11 cosponsors · 11 R
R
Burton
JD
R
Duncan
TF
R
Franks
KG
R
Granger
PG
R
Gingrey
WJ
R
Jones
SM
R
Myrick
DM
R
Manzullo
TM
R
McCotter
JP
R
Pitts
TR
R
Rooney11 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Constitutional Amendment - Prohibits outlays for a fiscal year (including those for debt service and other debt functions) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a two-thirds roll call vote of each chamber, authorizes a specific excess of outlays over receipts.
What it does: CRS summary · Introduced in House · Feb 3, 2010
Constitutional Amendment - Prohibits outlays for a fiscal year (including those for debt service and other debt functions) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a two-thirds roll call vote of each chamber, authorizes a specific excess of outlays over receipts.
Requires a two-thirds roll call vote of each chamber to increase the public debt limit.
Prohibits outlays for the total budget from exceeding the previous fiscal years' outlays plus population growth and inflation, unless a two-thirds roll call vote of each chamber, provides for such increase.
Directs the President to submit a balanced budget to Congress annually.
Prohibits any bill to increase revenue from becoming law unless approved by a two-thirds roll call vote of each chamber.
Authorizes waivers of these provisions when a declaration of war is in effect only by a vote of a majority of both chambers.
Requires all: (1) outlays above revenues from the previous fiscal year to be accounted for in the outlays and budgets of the following fiscal year; and (2) surplus revenues at the end of a fiscal year to be allocated to a fund to be returned to the taxpayers, determined by legislation before the end of the subsequent fiscal year.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Proposing an amendment to the Constitution of the United States to balance the Federal budget.
Latest action (Feb 3, 2010): Referred to the House Committee on the Judiciary.
Policy area: Economics and Public Finance · Origin: House · Introduced: Feb 3, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.