Introduced
by
To submit an application to Congress calling for a "convention to propose amendments to the U.S. Consitution," limited to proposing an amendment that prohibits the federal government from spending more in any fiscal year than it collects in tax and other revenue (balanced budget amendment). Legislatures representing two-thirds of the states must request this to get a convention, and three-quarters of the states must approve any amendment proposed by an “Article V” convention for it to become part of the constitution. The resolution names 17 states that have submitted applications. It state that delegates would be appointed (not elected) to participate in drafting rules, bylaws, and procedural agreements for the convention.
Referred to the Committee on Financial Liability Reform
Reported without amendment
With the recommendation that the substitute (H-2) be adopted and that the joint resolution then be adopted.
