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United States · Bill · HJRES

H.J.Res. 45 (105th)

Proposing a balanced budget amendment to the Constitution of the United States.

referredUnited States· United States Congress· EN

Introduced

5 February 1997

Last action

5 March 1997 · Referred

Status

Referred to the Subcommittee on the Constitution.

Sponsors

Rep. Wise, Robert E., Jr. [D-WV-2], Rep. Abercrombie, Neil [D-HI-1], Rep. Borski, Robert A. [D-PA-3], Rep. Boucher, Rick [D-VA-9], Rep. Clay, William (Bill) [D-MO-1], Rep. Eshoo, Anna G. [D-CA-18], Rep. Hinchey, Maurice D. [D-NY-22], Rep. Jackson Lee, Sheila [D-TX-18], Rep. Lipinski, William O. [D-IL-3], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Mascara, Frank [D-PA-20], Rep. Mink, Patsy T. [D-HI-2], Rep. Nadler, Jerrold [D-NY-12], Rep. Oberstar, James L. [D-MN-8], Rep. Rahall, Nick J., II [D-WV-3], Rep. Sawyer, Tom [D-OH-14], Sen. Schumer, Charles E. [D-NY], Rep. Scott, Robert C. "Bobby" [D-VA-3], Rep. Stark, Fortney Pete [D-CA-13], Rep. Wynn, Albert Russell [D-MD-4], Rep. Fattah, Chaka [D-PA-2], Rep. Watt, Melvin L. [D-NC-12], Rep. Pelosi, Nancy [D-CA-11], Rep. Maloney, James H. [D-CT-5], Rep. Bishop, Sanford D. [D-GA-2], Rep. Owens, Major R. [D-NY-11]

Subjects

Defence, Rule of law, Transport, Taxation, Budget

Source updated

15 November 2019

Defence · Rule of law · Transport · Taxation · Budget

Official sourceDownload fileView documentsShare

Summary

Constitutional Amendment - Prohibits Federal outlays of operating funds from exceeding receipts to such funds for any fiscal year plus any operating fund balances carried over from previous fiscal years. Waives such prohibition: (1) when a declaration of war is in effect; (2) when the United States by law is engaged in military conflict; or (3) if economic growth has been or will be negative for two consecutive quarters. Requires the President to propose a budget in accordance with this Act. Declares that total receipts exclude those derived from net borrowing. Declares that total outlays shall exclude those for repayment of debt principal and for capital investments in physical infrastructure that provide long-term economic returns, but shall include an annual debt servicing charge. Provides that the Federal Old-Age and Survivors Insurance Trust Fund and the Federal Disability Insurance Trust Fund shall not be counted as receipts or outlays. Requires this article to take effect beginning with the later of FY 2002 or the second fiscal year beginning after its ratification.

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

Timeline

  1. 5 February 1997

    Introduced

    Referred to the House Committee on the Judiciary.

    Source: IntroReferral

  2. 5 February 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 5 February 1997

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 5 March 1997

    Referred

    Referred to the Subcommittee on the Constitution.

    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 · 5 February 1997

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 5 February 1997

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 5 February 1997

    Open at official source

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Sponsors

Related records

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Sources

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