H.J.Res. 24 · 113th Congress
Proposing a balanced budget amendment to the Constitution of the United States.
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Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
38 cosponsors · 5 D, 33 R
28 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Constitutional Amendment - Prohibits total outlays (except those for payment of debt) for a year from exceeding the average annual revenue (except that derived from borrowing) collected in the three prior years, adjusted in proportion to changes in population and inflation.
What it does: CRS summary · Introduced in House · Feb 6, 2013
Constitutional Amendment - Prohibits total outlays (except those for payment of debt) for a year from exceeding the average annual revenue (except that derived from borrowing) collected in the three prior years, adjusted in proportion to changes in population and inflation.
Requires a two-thirds roll call vote of each chamber to declare an emergency and provide by law for specific outlays in excess of such limit.
Requires the declaration to specify reasons for the emergency designation, and allows it to authorize outlays in excess of the limit for up to one year.
Prescribes a formula for reducing, over each of 10 years, the excess (deficit) of outlays over the average annual revenue collected in the three prior years, adjusted for population and inflation changes.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Proposing a balanced budget amendment to the Constitution of the United States.
Latest action (Feb 28, 2013): Referred to the Subcommittee on the Constitution And Civil Justice.
Policy area: Economics and Public Finance · Origin: House · Introduced: Feb 6, 2013
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.