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H.J.RES.6: Proposing a balanced budget amendment to the Constitution of the United States.
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||Vern Buchanan, R-Fla.|
|Introduced||Jan. 3, 2013|
|Latest Major Action||Jan. 25, 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 - Prohibits total 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 three-fifths rollcall vote of each chamber, authorizes a specific excess of outlays over receipts.
Requires a three-fifths rollcall vote of each chamber to increase the public debt limit.
Directs the President to submit a balanced budget to Congress annually.
Prohibits any bill to increase revenue from becoming law unless approved by a majority of each chamber by rollcall vote.
Authorizes waivers of these provisions when a declaration of war is in effect or under other specified circumstances involving military conflict.
Requires Congress, by appropriate legislation, to provide that outlays for natural disasters do not count as outlays for purposes of this joint resolution.
(Source: Congressional Research Service)
|Jan. 25, 2013||Referred to the Subcommittee on the Constitution And Civil Justice.|
|Jan. 3, 2013||Referred to the House Committee on the Judiciary.|