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United States · Bill · SJRES

S.J.Res. 128 (102nd)

A joint resolution proposing an amendment to the Constitution of the United States which requires (except during time of war and subject to suspension by the Congress) that the total amount of money expended by the United States during any fiscal year not exceed the amount of certain revenue received by the United States during such fiscal year and not exceed 20 per centum of the gross national product of the United States during the previous calendar year.

referredUnited States· United States Congress· EN

Introduced

24 April 1991

Last action

24 April 1991 · Introduced

Status

Read twice and referred to the Committee on Judiciary.

Sponsors

Sen. Shelby, Richard C. [R-AL]

Subjects

Rule of law, Taxation

Source updated

10 August 2026

Rule of law · Taxation

Summary

Constitutional Amendment - Prohibits, except in time of war, Federal fiscal year expenditures from exceeding: (1) Federal revenues (except those derived from borrowing) for that fiscal year; and (2) 20 percent of the gross national product for the preceding calendar year. Authorizes the Congress to suspend these prohibitions by concurrent resolution.

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

Timeline

  1. 24 April 1991

    Introduced

    Read twice and referred to the Committee on Judiciary.

    Source: IntroReferral

  2. 24 April 1991

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

2 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN

    ViewDownloadOpen at official source

  • Introduced in Senate

    summary · EN · 24 April 1991

    Open at official source

    Leesvertaling

    Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

    Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

Related records

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Sources

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