House Joint Resolution 119
115th Congress(2017-2018)
Proposing a balanced budget amendment to the Constitution of the United States.
Introduced
Introduced in House on Oct 23, 2017
Origin Chamber
House
Type
Joint Resolution
Joint Resolution
A form of legislative measure used to propose changes in law, or to propose an amendment to the U.S. Constitution. Depending on the chamber of origin, they begin with a designation of either H.J.Res. or S.J.Res. Concurrent resolutions and simple resolutions are other types of resolutions. Bill is another form of legislative measure used to propose law.
Bill Number
119
Congress
115
Policy Area
Economics and Public Finance
Economics and Public Finance
Primary focus of measure is budgetary matters such as appropriations, public debt, the budget process, government lending, government accounts and trust funds; monetary policy and inflation; economic development, performance, and economic theory.
No House votes have been held for this bill.
Summary
Constitutional Amendment
This joint resolution proposes a constitutional amendment requiring federal expenditures and receipts to be balanced, excluding expenditures for payment of debt and receipts derived from borrowing. The requirement may be met over more than one year to accommodate economic conditions.
In emergency situations, two-thirds of the House of Representatives and the Senate may authorize expenditures to exceed receipts for a limited time. Debts from emergency expenditures must be paid as soon as practicable.
Congress may enforce the article with legislation, which must require compliance within 10 years of ratification.
October 23, 2017
11/01/2017
Referred to the Subcommittee on the Constitution and Civil Justice.
10/23/2017
Referred to the House Committee on the Judiciary.
10/23/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:38:31 PM