H.J.Res. 102 (112th): Proposing a balanced budget amendment to the Constitution of the United States.

Introduced:
Feb 14, 2012 (112th Congress, 2011–2013)
Status:
Died (Referred to Committee)
Sponsor
Steve Chabot
Representative for Ohio's 1st congressional district
Party
Republican
Text
Read Text »
Last Updated
Feb 14, 2012
Length
3 pages
Related Bills
H.J.Res. 81 (Related)
Proposing a balanced budget amendment to the Constitution of the United States.

Referred to Committee
Last Action: Oct 14, 2011

H.J.Res. 73 (Related)
Proposing a spending limit amendment to the Constitution of the United States.

Referred to Committee
Last Action: Jul 21, 2011

 
Status

This resolution was introduced on February 14, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Feb 14, 2012
Referred to Committee Feb 14, 2012
 
Summary

No summaries available.

Cosponsors
7 cosponsors (7R) (show)
Committees

House Judiciary

The Constitution and Civil Justice

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

 
Primary Source

THOMAS.gov (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. Data comes via the congress project.

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Notes

H.J.Res. stands for House joint resolution.

A joint resolution is often used in the same manner as a bill. If passed by both the House and Senate in identical form and signed by the president, it becomes a law. Joint resolutions are also used to propose amendments to the Constitution.

The resolution’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

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


2/14/2012--Introduced.
Constitutional Amendment - Prohibits total outlays (except those for payment of debt) for a year from exceeding the average annual revenue (except that derived from borrowing) collected in the three prior years, adjusted in proportion to changes in population and inflation.
Requires a two-thirds roll call vote of each chamber to declare an emergency and provide by law for specific outlays in excess of such limit.
Requires the declaration to specify reasons for the emergency designation and to limit the period in which outlays may exceed such limit to no longer than one year.
Requires all revenue in excess of outlays: (1) to reduce the federal debt; and (2) upon the retirement of such debt, to be held by the Treasury to be used for the specific outlays in excess of such limit.
Prescribes a formula for reducing outlays over seven years.

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

The House Democratic Caucus does not provide summaries of bills.

So, yes, we display the House Republican Conference’s summaries when available even if we do not have a Democratic summary available. That’s because we feel it is better to give you as much information as possible, even if we cannot provide every viewpoint.

We’ll be looking for a source of summaries from the other side in the meanwhile.

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