US HJR5 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 3 2017 - 25% progression, died in committee
Action: 2017-01-03 - Referred to the House Committee on the Judiciary.
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Proposing an amendment to the Constitution of the United States relative to balancing the budget. This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a two-thirds vote of each chamber. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing. The amendment prohibits total outlays for any fiscal year from exceeding 18% of the gross domestic product of the United States, unless two-thirds of each house of Congress provides for a specific increase above this amount. The amendment requires a two-thirds vote of each chamber of Congress to impose a new tax, increase the statutory rate of any tax, or increase the aggregate amount of revenue. It requires a three-fifths vote of each chamber to increase the limit on the debt of the United States. The President must submit an annual budget in which total outlays do not exceed total receipts and 18% of the gross domestic product of the United States. The amendment prohibits a court from ordering a revenue increase to enforce the requirements. Congress may waive specified requirements when a declaration of war is in effect or the United States is engaged in a military conflict which causes an imminent and serious military threat to national security.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Proposing an amendment to the Constitution of the United States relative to balancing the budget.

Sponsors


History

DateChamberAction
2017-01-03HouseReferred to the House Committee on the Judiciary.
2017-01-03HouseIntroduced in House

Same As/Similar To

HJR110 (Related) 2017-08-03 - Referred to the Subcommittee on the Constitution and Civil Justice.

Subjects


US Congress State Sources


Bill Comments

feedback