A joint resolution proposing an amendment to the Constitution of the United States to provide that expenditures for a fiscal year shall exceed neither revenues for such fiscal year nor 19 per centum of the Nation's gross domestic product for the last calendar year ending before the beginning of such fiscal year.

Summary

Constitutional Amendment - Prohibits, in any fiscal year, total Federal outlays from exceeding: (1) total receipts; and (2) 19 percent of the Nation's gross national product for the last calendar year ending before the beginning of such fiscal year. Allows such prohibitions to be suspended by a three-fifths roll call vote of each House of Congress. Requires this amendment to apply to the second fiscal year beginning after its ratification, but not to fiscal years before FY 2002.

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

Timeline

1. 21 January 1997

   Introduced

   Read twice and referred to the Committee on Judiciary.

   Source: IntroReferral

2. 21 January 1997

   Introduced

   Sponsor introductory remarks on measure. (CR S561-562)

   Source: IntroReferral

3. 21 January 1997

   Introduced

   Introduced in Senate

   Source: IntroReferral

4. 19 March 1997

   Referred

   Referred to Subcommittee on Constitution, Federalism, Property.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 21 January 1997 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 21 January 1997

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 21 January 1997

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 21 January 1997

  Open at official source

Sponsors

• Rep. Kyl, Jon [R-AZ-4] · R · Sponsor
• · ssju00 · Standing

Related records

No cross-record relationships stored yet.