SJR219: A joint resolution proposing an amendment to the Constitution of the United States requiring a balanced budget and establishing the requisite procedures.
- 1Introduced (current step)
- 2Passed One Chamber
- 3Passed Both Chambers
- 4Became Law
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Bill information
Summary
A joint resolution proposing an amendment to the Constitution of the United States requiring a balanced budget and establishing the requisite procedures.
Plain-language summary
This joint resolution proposes a constitutional requiring the federal government to balance its budget each year, meaning spending cannot exceed revenue. It would establish procedures for how this balanced budget requirement would work in practice. The resolution was introduced by Ashley Moody and is currently in the early stages of the legislative process. A constitutional amendment requires approval from two-thirds of both the House and Senate, then ratification by three-fourths of state legislatures to become law.
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SJR219: A joint resolution proposing an amendment to the Constitution of the United Sta…