US HJR99 | 2019-2020 | 116th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on October 9 2020 - 25% progression, died in committee
Action: 2020-10-09 - Referred to the House Committee on the Judiciary.
Pending: House Judiciary Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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
2020-10-09HouseReferred to the House Committee on the Judiciary.
2020-10-09HouseIntroduced in House

Same As/Similar To

HJR108 (Related) 2020-12-18 - Referred to the House Committee on the Judiciary.

Subjects


US Congress State Sources


Bill Comments

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