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- S.J.RES.3
S.J.RES.3: A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about economics and public finance
- Introduced Jan. 26, 2011
- Latest Major Action Jan. 26, 2011
- See the six similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
32 (All Republicans)
Bill Summary
Constitutional Amendment - Prohibits outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing) unless Congress, by a two-thirds rollcall vote of each chamber, authorizes a specific excess of outlays over receipts. Prohibits total outlays for any fiscal year from exceeding 20% of the gross domestic product for the preceding calendar year...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on the Judiciary.
|
|
| Jan. 26, 2011 |
Introduced in the Senate by Orrin G. Hatch (R-Utah) |