Bill97th CongressFiled Jan 5, 1981Economics and Public Finance
S.J.Res. 1
A joint resolution to require the Federal Government to end deficit financing.
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jan 5, 1981)
Constitutional Amendment - Requires the President to review Government revenues and expenditures at specified times and to determine a surtax rate when expenditures exceed revenues to insure that receipts will equal outlays.
Authorizes the suspension of such measures in the case of a grave national emergency declared by Congress.
What just happenedFeb 5, 1981
Referred to Subcommittee on Constitution.
Who’s behind it
Sen. DeConcini, Dennis [D-AZ](D-AZ)Sponsor
1committees3actions4related bills6subjects
- Feb 5, 1981Committee
Referred to Subcommittee on Constitution.
Constitution, Civil Rights and Property Rights Subcommittee - Jan 5, 1981IntroReferral
Read second time and referred to Senate Committee on Judiciary.
Judiciary Committee - Jan 5, 1981IntroReferral10000
Introduced in Senate