H.J.Res. 14 · 112th Congress
Proposing an amendment to the Constitution to provide for a balanced budget for the United States Government…
Full title
Proposing an amendment to the Constitution to provide for a balanced budget for the United States Government and for greater accountability in the enactment of tax legislation.
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
Ann EmersonSponsorNo cosponsors.
Constitutional Amendment - Requires Congress and the President to agree annually on an estimate of total receipts (except those derived from borrowing) for a fiscal year by enactment into law of a joint resolution devoted solely to that subject.
What it does: CRS summary · Introduced in House · Jan 7, 2011
Constitutional Amendment - Requires Congress and the President to agree annually on an estimate of total receipts (except those derived from borrowing) for a fiscal year by enactment into law of a joint resolution devoted solely to that subject. Prohibits outlays for that year (except those for repayment of debt principal) from exceeding the estimated receipts set forth in the joint resolution, unless Congress, by a three-fifths rollcall vote of the total membership of each chamber, authorizes a specific excess of outlays over estimated receipts.
Requires Congress, whenever actual outlays exceed actual receipts for any fiscal year, to provide by law for the repayment of such excess in the ensuing fiscal year.
Prohibits any increase in the public debt of the United States unless three-fifths of the total membership of each House provides for it by a rollcall vote.
Directs the President to submit a balanced budget to Congress annually.
Prohibits any bill to increase revenue from becoming law unless approved by a majority of each chamber by a rollcall vote.
Authorizes waivers of these provisions when a declaration of war is in effect.
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 to provide for a balanced budget for the United States Government and for greater accountability in the enactment of tax legislation.
Latest action (Jan 24, 2011): Referred to the Subcommittee on the Constitution.
Policy area: Economics and Public Finance · Origin: House · Introduced: Jan 7, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.