Proposing an amendment to the Constitution relating to Federal budget procedures.

Summary

Constitutional Amendment - Requires the Congress, before the beginning of 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 a law is enacted solely to approve specific additional receipts. Authorizes a waiver of these provisions when a declaration of war is in effect.

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

Timeline

1. 3 January 1991

   Introduced

   Referred to the House Committee on Judiciary.

   Source: IntroReferral

2. 3 January 1991

   Introduced

   Introduced in House

   Source: IntroReferral

3. 3 January 1991

   Introduced

   Introduced in House

   Source: IntroReferral

4. 7 June 1991

   Referred

   Referred to the Subcommittee on Economic and Commercial Law.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · undated · Official file

Documents

2 official files

• Introduced in House (text)

  Introduced in House · EN

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 3 January 1991

  Open at official source

Sponsors

• Rep. Darden, George (Buddy) [D-GA-7] · D · Sponsor
• · hsju00 · Standing

Related records

No cross-record relationships stored yet.