GovTrack’s Bill Summary
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S.J.Res. 1: A joint resolution proposing an amendment to the Constitution of the United States requiring that the Federal budget be balanced.
- Introduced:
- Jan 22, 2013 (113th Congress, 2013–2015)
- Sponsor:
- Sen. Mike Lee [R-UT]
- Status:
- Referred to Committee
The resolution’s title was written by the resolution’s sponsor. S.J.Res. stands for Senate joint resolution.
- Summary
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No summaries available.
- Text
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Last updated Jan 22, 2013.
3 pages
- Primary Source
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View on THOMAS (The Library of Congress)
GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here.
- Citation
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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.
1/22/2013--Introduced.
Constitutional Amendment - Prohibits total outlays for a fiscal year (except those for repayment of debt principal) from exceeding total receipts for that fiscal year (except those derived from borrowing).
Prohibits total outlays from exceeding 18% of the gross domestic product (GDP) for the calendar year ending before the beginning of such fiscal year.
Authorizes Congress to provide for suspension of the imposed limitations for any fiscal year for which two-thirds of each chamber shall provide, by a roll call vote, for a specific excess of outlays over receipts or over 18% of such GDP for such calendar year.
Prohibits any bill to levy a new tax or increase the rate of any tax from becoming law unless approved by a two-thirds roll call vote of each chamber.
Requires a two-thirds roll call vote of each chamber to increase the public debt limit.
Grants Members of Congress standing and a cause of action to seek judicial enforcement of this article when authorized to do so by a petition signed by one-third of the Members of either chamber.
Prohibits a federal or state court from ordering any increase in revenue to enforce this article.
House Republican Conference Summary
The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.
No summary available.
House Democratic Caucus Summary
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