US HJR54 | 2015-2016 | 114th Congress

Status

Spectrum: Moderate Partisan Bill (Republican 5-1)
Status: Introduced on May 18 2015 - 25% progression, died in committee
Action: 2015-06-01 - Referred to the Subcommittee on the Constitution and Civil Justice.
Pending: House Subcommittee on the Constitution And Civil Justice Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Proposing a balanced budget amendment to the Constitution of the United States. This joint resolution proposes a constitutional amendment prohibiting total federal expenditures for a year from exceeding the average annual federal revenue collected in the three prior years, adjusted for changes in population and inflation. Expenditures for payment of debt and revenues derived from borrowing are excluded. Congress may authorize specific expenditures in excess of the limit for up to one year by declaring an emergency with a roll call vote of two-thirds of each chamber. The requirements take effect in the first year beginning at least 90 days following ratification, except that expenditures are permitted to exceed the limit by specified amounts during each of the first nine years that the requirements are in effect.

Tracking Information

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Title

Proposing a balanced budget amendment to the Constitution of the United States.

Sponsors


History

DateChamberAction
2015-06-01HouseReferred to the Subcommittee on the Constitution and Civil Justice.
2015-05-18HouseReferred to the House Committee on the Judiciary.
2015-05-18HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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