Proposing an amendment to the Constitution relating to a Federal balanced budget.

Summary

Constitutional Amendment - Prohibits fiscal year Federal outlays (except those for retirement trust funds or repayment of debt principal) from exceeding receipts (except those derived from borrowing or retirement trust funds), unless three-fifths of both Houses of Congress provide for a specific excess. Directs the President, prior to each fiscal year, to transmit to the Congress a proposed budget in which outlays do not exceed receipts.

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

Timeline

1. 3 October 1989

   Introduced

   Referred to the House Committee on Judiciary.

   Source: IntroReferral

2. 3 October 1989

   Introduced

   Introduced in House

   Source: IntroReferral

3. 3 October 1989

   Introduced

   Introduced in House

   Source: IntroReferral

4. 5 October 1989

   Referred

   Referred to the Subcommittee on Economic and Commercial Law.

   Source: Committee

5. 17 July 1990

   Committee

   For Further Action See H.J.Res.268.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · — · Download file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 3 October 1989

  Open at official source

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Sponsors

• Rep. Poshard, Glenn [D-IL-22] · D · Sponsor
• · hsju00 · Standing

Related records

• related to → 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.
• related to ← A joint resolution proposing an amendment to the Constitution relating to a Federal balanced budget.