Find your legislators by address, ZIP code or name
H.J.RES.18: Proposing an amendment to the Constitution to provide for a balanced budget for the United States Government and for greater accountability in the enactment of tax legislation.
About this Bill
|This bill was introduced in the||113th Congress|
|This bill is primarily about||economics and public finance|
|You can||read the bill|
|Sponsor||Jo Ann Emerson, R-Mo.|
|Introduced||Jan. 18, 2013|
|Latest Major Action||Feb. 28, 2013|
|See it on||GovTrack|
|See it on||C-SPAN|
- Bill introduced in the House
- Bill passed in the House
- Bill passed in the Senate
- Bill signed into law
Constitutional Amendment - Requires Congress and the President to agree annually on an estimate of total receipts (except those derived from borrowing) for a fiscal year by enactment into law of a joint resolution devoted solely to that subject. Prohibits outlays for that year (except those for repayment of debt principal) from exceeding the estimated receipts set forth in the joint resolution, unless Congress, by a three-fifths rollcall vote of the total membership of each chamber, authorizes a specific excess of outlays over estimated receipts.
Requires Congress, whenever actual outlays exceed actual receipts for any fiscal year, to provide by law for the repayment of such excess in the ensuing fiscal year.
Prohibits any increase in the public debt of the United States unless three-fifths of the total membership of each House provides for it by a rollcall vote.
Directs the President to submit a balanced budget to Congress annually.
(Source: Congressional Research Service)
|Feb. 28, 2013||Referred to the Subcommittee on the Constitution And Civil Justice.|
|Jan. 18, 2013||Referred to the House Committee on the Judiciary.|