United States · Bill · HJRES
H.J.Res. 123 (103rd)
Proposing an amendment to the Constitution of the United States to provide for a balanced budget for the United States Government.
Introduced
24 February 1993
Last action
17 March 1994 · Committee
Status
See H.J.Res.103.
Sponsors
Rep. Orton, Bill [D-UT-3]
Subjects
Rule of law, Taxation, Budget
Source updated
2 January 2025
Rule of law · Taxation · Budget
Summary
Constitutional Amendment - Prohibits outlays for any fiscal year (except those for repayment of debt principal) from exceeding receipts (except those derived from borrowing) for that fiscal year. Directs the President to submit a balanced budget to the Congress. Requires the Congress, whenever actual outlays exceed actual receipts for any fiscal year, to provide by law for the repayment of the excess in the ensuing fiscal year. Requires a sequestration of all outlays to eliminate a budget deficit within 15 days after Congress adjourns, if the Congress fails to provide by law for repayment. Waives these provisions for any fiscal year only if the Congress so provides by law by a majority roll call vote of each House. Subjects such waiver to presidential veto.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
24 February 1993
Introduced
Referred to the House Committee on Judiciary.
Source: IntroReferral
24 February 1993
Introduced
Sponsor introductory remarks on measure. (CR H870-874)
Source: IntroReferral
24 February 1993
Introduced
Introduced in House
Source: IntroReferral
24 February 1993
Introduced
Introduced in House
Source: IntroReferral
1 March 1993
Referred
Referred to the Subcommittee on Economic and Commercial Law.
Source: Committee
17 March 1994
Committee
See H.J.Res.103.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in House · 24 February 1993 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 24 February 1993
Introduced in House (PDF)
Introduced in House · EN · 24 February 1993
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Introduced in House
summary · EN · 24 February 1993
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Orton, Bill [D-UT-3] · D · Sponsor
- · hsju00 · Standing
Related records
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/103rd-congress/house-joint-resolution/123
- Open data entity: https://api.congress.gov/v3/bill/103/hjres/123
- us · 103-hjres-123 · source updated 2 January 2025