Text: H.J.Res.58 — 109th Congress (2005-2006)All Information (Except Text)

There is one version of the bill.

Text available as:

Shown Here:
Introduced in House (07/13/2005)


109th CONGRESS
1st Session
H. J. RES. 58


Proposing a balanced budget amendment to the Constitution of the United States.


IN THE HOUSE OF REPRESENTATIVES

July 13, 2005

Mr. Istook (for himself, Mr. Taylor of Mississippi, Mr. Akin, Mr. Bachus, Mr. Barrett of South Carolina, Mr. Bartlett of Maryland, Mr. Barton of Texas, Mr. Bass, Mr. Beauprez, Mr. Bilirakis, Mr. Bishop of Georgia, Mr. Bishop of Utah, Mrs. Blackburn, Mr. Boehner, Mr. Boozman, Mr. Brady of Texas, Ms. Ginny Brown-Waite of Florida, Mr. Burgess, Mr. Burton of Indiana, Mr. Calvert, Mr. Camp, Mr. Cannon, Mr. Case, Mr. Chabot, Mr. Chocola, Mr. Cole of Oklahoma, Mr. Conaway, Mrs. Cubin, Mr. Culberson, Mr. Cunningham, Mr. Davis of Kentucky, Mrs. Jo Ann Davis of Virginia, Mr. Dent, Mr. Mario Diaz-Balart of Florida, Mr. Doolittle, Mr. Duncan, Mr. Edwards, Mr. Ehlers, Mr. Feeney, Mr. Flake, Mr. Foley, Mr. Forbes, Mr. Ford, Ms. Foxx, Mr. Franks of Arizona, Mr. Garrett of New Jersey, Mr. Gibbons, Mr. Gilchrest, Mr. Gingrey, Mr. Gohmert, Mr. Goode, Mr. Goodlatte, Mr. Graves, Mr. Green of Wisconsin, Mr. Hall, Ms. Harris, Mr. Hayworth, Mr. Hefley, Mr. Herger, Mr. Hoekstra, Mr. Inglis of South Carolina, Mr. Issa, Mr. Jenkins, Mr. Jindal, Mr. Sam Johnson of Texas, Mr. Jones of North Carolina, Mr. Kennedy of Minnesota, Mr. King of Iowa, Mr. Kingston, Mr. Kirk, Mr. Kuhl of New York, Mr. LaHood, Mr. Lewis of Kentucky, Mr. Linder, Mr. Lucas, Mr. Mack, Mr. Manzullo, Mr. Marchant, Mr. Marshall, Mr. Matheson, Mr. McCaul of Texas, Mr. McCotter, Mr. McHenry, Mr. McIntyre, Mr. McKeon, Miss McMorris, Mr. Mica, Mr. Michaud, Mr. Gary G. Miller of California, Mr. Miller of Florida, Mrs. Musgrave, Mrs. Myrick, Mr. Neugebauer, Mr. Norwood, Mr. Otter, Mr. Pence, Mr. Petri, Mr. Pitts, Mr. Platts, Mr. Price of Georgia, Mr. Radanovich, Mr. Reichert, Mr. Ross, Mr. Royce, Mr. Ryun of Kansas, Mr. Sensenbrenner, Mr. Sessions, Mr. Shadegg, Mr. Shays, Mr. Shimkus, Mr. Shuster, Mr. Simmons, Mr. Simpson, Mr. Stearns, Mr. Tancredo, Mr. Taylor of North Carolina, Mr. Terry, Mr. Walden of Oregon, Mr. Wamp, Mr. Weldon of Florida, Mr. Weller, Mr. Westmoreland, and Mr. Wilson of South Carolina) introduced the following joint resolution; which was referred to the Committee on the Judiciary


JOINT RESOLUTION

Proposing a balanced budget amendment to the Constitution of the United States.

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That the following article is proposed as an amendment to the Constitution of the United States, which shall be valid to all intents and purposes as part of the Constitution when ratified by the legislatures of three-fourths of the several States within seven years after the date of its submission for ratification:

article

section 1. Total outlays for any fiscal year shall not exceed total receipts for that fiscal year, unless three-fifths of the whole number of each House of Congress shall provide by law for a specific excess of outlays over receipts by a rollcall vote.

section 2. The limit on the debt of the United States held by the public shall not be increased, unless three-fifths of the whole number of each House shall provide by law for such an increase by a rollcall vote.

section 3. Prior to each fiscal year, the President shall transmit to the Congress a proposed budget for the United States Government for that fiscal year in which total outlays do not exceed total receipts.

section 4. No bill to increase revenue shall become law unless approved by a majority of the whole number of each House by a rollcall vote.

section 5. The Congress may waive the provisions of this article for any fiscal year in which a declaration of war is in effect. The provisions of this article may be waived for any fiscal year in which the United States is engaged in military conflict which causes an imminent and serious military threat to national security and is so declared by a joint resolution, adopted by a majority of the whole number of each House, which becomes law.

section 6. The Congress shall enforce and implement this article by appropriate legislation, which may rely on estimates of outlays and receipts.

section 7. Total receipts shall include all receipts of the United States Government except those derived from borrowing. Total outlays shall include all outlays of the United States Government except for those for repayment of debt principal.

section 8. This article shall take effect beginning with the later of the second fiscal year beginning after its ratification or the first fiscal year beginning after December 31, 2010.”.