H.J.Res.1 - Proposing a balanced budget amendment to the Constitution of the United States.104th Congress (1995-1996)
Joint ResolutionHide Overview icon-hide
|Sponsor:||Rep. Barton, Joe [R-TX-6] (Introduced 01/04/1995)|
|Committees:||House - Judiciary | Senate - Budget|
|Committee Reports:||H. Rept. 104-3|
|Latest Action:||06/06/1996 Failed of passage in Senate by Yea-Nay Vote. 64-35. Record Vote No: 158. (All Actions)|
|Major Recorded Votes:||06/06/1996 : Failed Senate; 03/02/1995 : Failed Senate; 01/26/1995 : Passed House|
This bill has the status Failed Senate
Here are the steps for Status of Legislation:
- Passed House
- Failed Senate
Subject — Policy Area:
- Economics and Public Finance
- View subjects
Summary: H.J.Res.1 — 104th Congress (1995-1996)All Bill Information (Except Text)
Passed House amended (01/26/1995)
Constitutional Amendment - Prohibits total outlays from exceeding total receipts for a fiscal year, unless three-fifths of the members of each House of Congress provide by law for a specific excess of outlays over receipts by a roll call vote.
Sets a permanent limit on the amount of the public debt. Prohibits an increase in such amount unless approved by a three-fifths majority in each House by roll call vote.
Directs the President to submit a balanced budget.
Prohibits a bill to increase revenue from becoming law unless approved by a majority in each House by roll call vote.
Waives the provisions of this amendment for any fiscal year in which a declaration of war is in effect, or if the United States faces an imminent and serious military threat to national security as declared by a joint resolution which becomes law.