H.J.Res. 62 (104th): Proposing a balanced budget amendment to the Constitution of the United States.

Introduced:
Jan 23, 1995 (104th Congress, 1995–1996)
Sponsor:
Rep. Bob Franks [R-NJ7]
Status:
Died (Referred to Committee)

The resolution’s title was written by the resolution’s sponsor. H.J.Res. stands for House joint resolution.

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Status

This resolution was introduced on January 23, 1995, in a previous session of Congress, but was not enacted.

Progress
Introduced Jan 23, 1995
Cosponsors
2 cosponsors (1R, 1D) (show)
Committees

House Judiciary

The committee chair determines whether a resolution will move past the committee stage.

Summary

No summaries available.

Text

Read Resolution Text »

Last updated Jan 23, 1995.
4 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

1/23/1995--Introduced.
Constitutional Amendment - Requires the Congress, prior to each fiscal year, to adopt a statement in which total Federal outlays do not exceed total receipts, unless a three-fifths vote of both Houses authorizes a specific excess. Declares that actual outlays include the cost to a State of any requirement imposed upon a State by Federal law that is not paid for by the Federal Government, and the cost to a State of complying with any condition imposed by Federal law on the receipt by a State of appropriated funds, other than a condition directly and substantially related to the purpose of the appropriation. Directs the President to submit a balanced budget. Waives the provisions of this amendment for any fiscal year in which a declaration of war is in effect or when the United States by law faces an imminent and serious military threat to national security. Sets a permanent limit on the amount of Federal public debt, prohibiting any increase unless legislation enacted by a three-fifths majority of both Houses becomes law. Requires roll call votes in the House and Senate under this amendment.

House Republican Conference Summary

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No summary available.

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