S.J.Res.9 - A joint resolution proposing an amendment to the Constitution relating to a Federal Balanced Budget.101st Congress (1989-1990)
|Sponsor:||Sen. DeConcini, Dennis [D-AZ] (Introduced 01/25/1989)|
|Committees:||Senate - Judiciary|
|Latest Action:||Senate - 07/27/1989 Subcommittee on Constitution. Subcommittee included provisions into S.J. Res. 183. (All Actions)|
This bill has the status Introduced
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Summary: S.J.Res.9 — 101st Congress (1989-1990)All Information (Except Text)
Introduced in Senate (01/25/1989)
Constitutional Amendment - Prohibits fiscal year Federal outlays (except those for repayment of debt principal) from exceeding receipts (except those derived from borrowing), unless the Congress authorizes a specific excess by a three-fifths vote of both Houses. Directs the President to submit to the Congress prior to each fiscal year a proposed budget that meets this standard.
Permits any bill for raising taxes to become law only if a majority of the whole number of both Houses of Congress approves it by roll call vote.
Authorizes a waiver of these provisions when a declaration of war is in effect.