United States · Bill · HR
H.R. 4060 (102nd)
To require that the President transmit to Congress, that the congressional budget Committees report, and that the Congress consider a balanced budget for each fiscal year.
Introduced
26 November 1991
Last action
9 December 1991 · Referred
Status
Referred to the Subcommittee on Legislation and National Security.
Sponsors
Rep. Hoagland, Peter [D-NE-2]
Subjects
Taxation, Budget
Source updated
4 February 2025
Summary
Title I: Amendment to Title 31, United States Code - Amends Federal law to require that any budget submitted by the President not be in deficit. Provides that if the President determines that a balanced budget is not feasible, and submits written reasons in support of such determination, then the President may submit two budgets, one in compliance and one in deficit. Title II: Amendment to Congressional Budget Act of 1974 - Amends the Congressional Budget Act of 1974 to require that any budget submitted by the congressional Budget Committees not be in deficit. Provides that if either committee determines that it is infeasible to submit a balanced budget, then such committee may submit two budgets, one of which is in deficit, together with written reasons for such determination. Requires each concurrent resolution on the budget to contain reconciliation directives necessary to implement the resolution. Requires the Committee on Rules of the House of Representatives, if it reports any rule or order providing for the consideration of any concurrent resolution on the budget, to: (1) provide for the consideration of the text of any balanced budget concurrent resolution reported by the House Committee on the Budget; and (2) provide for the consideration of the text of each concurrent resolution on the budget introduced by the Majority Leader as representing the President's budget. Requires a separate vote on each budget. Requires the Majority Leader to introduce a concurrent resolution on the budget reflecting, without substantive revision, each budget submitted by the President. Makes it always in order in the Senate to consider a budget resolution consisting of the text of a budget submitted by the President. Title III: Effective Date - Makes this Act effective for the concurrent resolution on the budget for FY 1991.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
26 November 1991
Introduced
Referred to the House Committee on Government Operations.
Source: IntroReferral
26 November 1991
Introduced
Introduced in House
Source: IntroReferral
26 November 1991
Introduced
Introduced in House
Source: IntroReferral
9 December 1991
Referred
Referred to the Subcommittee on Legislation and National Security.
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 (text)
Introduced in House · EN
Introduced in House
summary · EN · 26 November 1991
Sponsors
- Rep. Hoagland, Peter [D-NE-2] · D · Sponsor
- · hsgo00 · Standing
- · hsru00 · Standing
Related records
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/102nd-congress/house-bill/4060
- Open data entity: https://api.congress.gov/v3/bill/102/hr/4060
- us · 102-hr-4060 · source updated 4 February 2025