Senate Joint Resolution 24
115th Congress(2017-2018)
A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget.
Introduced
Introduced
Introduced in Senate on Feb 27, 2017
Overview
Text
Introduced
Feb 27, 2017
Latest Action
Feb 27, 2017
Origin Chamber
Senate
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
24
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.
Sponsorship by Party
Utah
Mississippi
Arizona
Arkansas
Colorado
Indiana
Kentucky
Louisiana
Louisiana
Mississippi
Mississippi
Missouri
Nebraska
Nebraska
North Carolina
North Carolina
North Dakota
Oklahoma
Pennsylvania
South Carolina
South Carolina
South Dakota
South Dakota
Tennessee
Wisconsin
Wyoming
No Senate votes have been held for this bill.
Summary

Constitutional Amendment

This joint resolution proposes a constitutional amendment prohibiting total outlays for a fiscal year from exceeding total receipts for that fiscal year unless Congress authorizes the excess by a two-thirds vote of each chamber. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing.

The amendment prohibits total outlays for any fiscal year from exceeding 18% of the U.S. gross domestic product, unless two-thirds of each chamber of Congress provides for a specific increase above this amount.

The amendment requires a two-thirds vote of each chamber of Congress to impose a new tax, increase the statutory rate of any tax, or increase the aggregate amount of revenue. It requires a three-fifths vote of each chamber to increase the limit on the debt of the United States.

The President must submit an annual budget in which total outlays do not exceed total receipts and 18% of the U.S. gross domestic product.

The amendment prohibits a court from ordering a revenue increase to enforce the requirements.

Congress may waive specified requirements when a declaration of war against a nation-state is in effect or the United States is engaged in a military conflict which causes an imminent and serious military threat to national security.

Text (1)
February 27, 2017
Actions (2)
02/27/2017
Read twice and referred to the Committee on the Judiciary. (Sponsor introductory remarks on measure: CR S1450-1452)
02/27/2017
Introduced in Senate
Public Record
Created
Feb 28, 2017 5:17:29 AM
Updated
Dec 8, 2020 1:44:51 PM