A joint resolution proposing an amendment to the Constitution relating to Federal budget procedures.

Summary

Constitutional Amendment - Requires the Congress, prior to each fiscal year, to adopt a statement of receipts and outlays for that year in which total outlays are not greater than total receipts. Permits the Congress in such statement to provide for a specific excess of outlays over receipts by a three-fifths vote. Requires the President and the Congress to ensure that actual outlays do not exceed the outlays set forth in such statement. Prohibits total receipts for any fiscal year set forth in such statement from increasing by a rate greater than the increase in national income in the last calendar year, unless a bill directed solely to approving specific additional receipts is enacted. Permits the Congress to suspend the provisions of this Act for any fiscal year in which the Congress has declared war. Declares that total receipts shall include all receipts of the United States, except those derived from borrowing, and total outlays shall include all outlays of the United States except those for repayment of debt principal.

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Timeline

1. 6 January 1987

   Introduced

   Referred to House Committee on The Judiciary.

   Source: IntroReferral

2. 6 January 1987

   Introduced

   Introduced in House

   Source: IntroReferral

3. 6 January 1987

   Introduced

   Introduced in House

   Source: IntroReferral

4. 10 February 1987

   Referred

   Referred to Subcommittee on Monopolies and Commercial Law.

   Source: Committee

5. 17 June 1987

   Committee

   See H.J.Res.321.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 6 January 1987

  Open at official source

Sponsors

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

Related records

• related to ← A joint resolution 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.