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A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget.

USA116th CongressSJRES-3| Senate 
| Updated: 1/4/2019
Cindy Hyde-Smith

Cindy Hyde-Smith

Republican Senator

Mississippi

Cosponsors (23)
Joni Ernst (Republican)Thomas Tillis (Republican)David Perdue (Republican)Jerry Moran (Republican)Mike Lee (Republican)James E. Risch (Republican)Marsha Blackburn (Republican)Todd Young (Republican)James M. Inhofe (Republican)Michael B. Enzi (Republican)Mike Rounds (Republican)Ben Sasse (Republican)Kevin Cramer (Republican)Deb Fischer (Republican)John Barrasso (Republican)Johnny Isakson (Republican)John Cornyn (Republican)Marco Rubio (Republican)Patrick Toomey (Republican)Cory Gardner (Republican)John Hoeven (Republican)Mike Crapo (Republican)Shelley Moore Capito (Republican)

Judiciary Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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 gross domestic product of the United States, unless two-thirds of each house 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 gross domestic product of the United States. The amendment prohibits a court from ordering a revenue increase to enforce the requirements. Congress may waive specified requirements when a declaration of war is in effect or the United States is engaged in a military conflict which causes an imminent and serious military threat to national security.
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Timeline

Bill from Previous Congress

SJRES 115-24
A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget.
Jan 3, 2019

Latest Companion Bill Action

HJRES 116-5
Introduced in House
Jan 4, 2019
Introduced in Senate
Jan 4, 2019
Read twice and referred to the Committee on the Judiciary.
  • Bill from Previous Congress

    SJRES 115-24
    A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget.


  • January 3, 2019

    Latest Companion Bill Action

    HJRES 116-5
    Introduced in House


  • January 4, 2019
    Introduced in Senate


  • January 4, 2019
    Read twice and referred to the Committee on the Judiciary.

Economics and Public Finance

Related Bills

  • HJRES 116-5: Proposing an amendment to the Constitution of the United States relative to balancing the budget.
  • HJRES 116-6: Proposing a balanced budget amendment to the Constitution of the United States.
  • HJRES 116-22: Proposing a balanced budget amendment to the Constitution of the United States.
  • SJRES 116-5: A joint resolution proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.
Budget deficits and national debtBudget processConstitution and constitutional amendmentsIncome tax ratesLegislative rules and procedure

A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget.

USA116th CongressSJRES-3| Senate 
| Updated: 1/4/2019
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 gross domestic product of the United States, unless two-thirds of each house 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 gross domestic product of the United States. The amendment prohibits a court from ordering a revenue increase to enforce the requirements. Congress may waive specified requirements when a declaration of war is in effect or the United States is engaged in a military conflict which causes an imminent and serious military threat to national security.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

SJRES 115-24
A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget.
Jan 3, 2019

Latest Companion Bill Action

HJRES 116-5
Introduced in House
Jan 4, 2019
Introduced in Senate
Jan 4, 2019
Read twice and referred to the Committee on the Judiciary.
  • Bill from Previous Congress

    SJRES 115-24
    A joint resolution proposing an amendment to the Constitution of the United States relative to balancing the budget.


  • January 3, 2019

    Latest Companion Bill Action

    HJRES 116-5
    Introduced in House


  • January 4, 2019
    Introduced in Senate


  • January 4, 2019
    Read twice and referred to the Committee on the Judiciary.
Cindy Hyde-Smith

Cindy Hyde-Smith

Republican Senator

Mississippi

Cosponsors (23)
Joni Ernst (Republican)Thomas Tillis (Republican)David Perdue (Republican)Jerry Moran (Republican)Mike Lee (Republican)James E. Risch (Republican)Marsha Blackburn (Republican)Todd Young (Republican)James M. Inhofe (Republican)Michael B. Enzi (Republican)Mike Rounds (Republican)Ben Sasse (Republican)Kevin Cramer (Republican)Deb Fischer (Republican)John Barrasso (Republican)Johnny Isakson (Republican)John Cornyn (Republican)Marco Rubio (Republican)Patrick Toomey (Republican)Cory Gardner (Republican)John Hoeven (Republican)Mike Crapo (Republican)Shelley Moore Capito (Republican)

Judiciary Committee

Economics and Public Finance

Related Bills

  • HJRES 116-5: Proposing an amendment to the Constitution of the United States relative to balancing the budget.
  • HJRES 116-6: Proposing a balanced budget amendment to the Constitution of the United States.
  • HJRES 116-22: Proposing a balanced budget amendment to the Constitution of the United States.
  • SJRES 116-5: A joint resolution proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Budget deficits and national debtBudget processConstitution and constitutional amendmentsIncome tax ratesLegislative rules and procedure