Bill Sponsor
House Joint Resolution 50
116th Congress(2019-2020)
Proposing a balanced budget amendment to the Constitution requiring that each agency and department's funding is justified.
Introduced
Introduced
Introduced in House on Mar 12, 2019
Overview
Text
Introduced
Mar 12, 2019
Latest Action
Apr 8, 2019
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
50
Congress
116
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
Republican
Pennsylvania
Republican
Florida
Republican
South Carolina
House Votes (0)
Senate Votes (0)
No House 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 (1) Congress authorizes the excess by a three-fifths vote of each chamber, and (2) total outlays do not exceed a specified percentage of the estimated gross domestic product of the United States. The prohibition excludes outlays for repayment of debt principal and receipts derived from borrowing.

The amendment requires a three-fifths vote of each chamber of Congress to increase revenue or 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 that includes justifications and specified details regarding funding proposed for departments and agencies.

Congress may waive the requirements due to a declaration of war, a military conflict, an event that causes an imminent and serious military threat to national security, or a natural disaster.

Text (1)
March 12, 2019
Actions (3)
04/08/2019
Referred to the Subcommittee on the Constitution, Civil Rights, and Civil Liberties.
03/12/2019
Referred to the House Committee on the Judiciary.
03/12/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 5:32:22 PM