S.J.Res. 35 · 111th Congress
A joint resolution proposing an amendment to the Constitution of the United States relative to a balanced…
Full title
A joint resolution proposing an amendment to the Constitution of the United States relative to a balanced 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
HatchSponsorNo cosponsors.
Constitutional Amendment - Requires Congress to adopt for each fiscal year a budget that sets forth the total receipts and outlays of the United States.
What it does: CRS summary · Introduced in Senate · Jul 21, 2010
Constitutional Amendment - Requires Congress to adopt for each fiscal year a budget that sets forth the total receipts and outlays of the United States.
Requires a three-fifths rollcall vote of each chamber to adopt a budget in which total outlays exceed total receipts.
Prohibits Congress from passing and the President from signing any bill which would cause the total outlays for any year to exceed the total expenditures in the budget for such year.
Bars receipts in any year from being retained for use of the Treasury in an amount which exceeds as a proportion of the national income, that retained for the prior year, unless a bill directed solely at approving a specific increase in such proportion has been passed by a majority of each chamber and has become law.
Authorizes waivers of these provisions when a declaration of war is in effect.
Requires a two-thirds rollcall vote of each chamber to adopt an increase in federal taxes.
States that if in any fiscal year the percentage of growth of Gross Domestic Product (GDP) is negative, discretionary spending, excluding spending for defense and homeland security, in the next fiscal year shall not exceed the level of such spending for the preceding fiscal year reduced by that GDP percentage of negative growth.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: A joint resolution proposing an amendment to the Constitution of the United States relative to a balanced budget.
Latest action (Jul 21, 2010): Read twice and referred to the Committee on the Judiciary.
Policy area: Economics and Public Finance · Origin: Senate · Introduced: Jul 21, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.