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United States · Bill · HJRES

H.J.Res. 115 (103rd)

Proposing a balanced budget and line-item veto amendment to the Constitution of the United States.

openUnited States· United States Congress· EN

Introduced

18 February 1993

Last action

17 March 1994 · Committee

Status

See H.J.Res.103.

Sponsors

Sen. Grams, Rod [R-MN]

Subjects

Rule of law, Taxation, Budget

Source updated

2 January 2025

Rule of law · Taxation · Budget

Summary

Constitutional Amendment - Requires the Congress, prior to each fiscal year, to adopt a statement in which total Federal outlays (except those for repayment of debt principal) do not exceed total receipts (except those derived from borrowing), unless a three-fifths vote of both Houses authorizes a specific excess. Limits the rate of increase in receipts in the statement to that of the increase in national income in the previous calendar year, unless law is enacted solely to approve specific additional receipts. Directs the President to submit a balanced budget. Authorizes waiver of these provisions in time of war. Sets a permanent limit on the amount of Federal public debt, prohibiting any increase unless legislation enacted by a three-fifths majority of both Houses becomes law. Grants the President line item veto power with respect to any item of spending authority in a bill (including any vote, resolution, or order that contains such item).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 18 February 1993

    Introduced

    Referred to the House Committee on Judiciary.

    Source: IntroReferral

  2. 18 February 1993

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 18 February 1993

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 23 February 1993

    Referred

    Referred to the Subcommittee on Economic and Commercial Law.

    Source: Committee

  5. 17 March 1994

    Committee

    See H.J.Res.103.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 18 February 1993

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 18 February 1993

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 18 February 1993

    Open at official source

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Sponsors

Related records

Sources

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