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"(c) A joint resolution referred to in subsection (a) may

2 be introduced in either the House or Senate. If a joint resolu3 tion is sponsored by at least 25 percent of all Members of the 4 House in which it originates then within thirty calendar days 5 after the introduction of such a joint resolution, the House in 6 which it originates shall complete its action on such joint 7 resolution. Within thirty calendar days after such joint reso8 lution sponsored by 25 percent of the Members is agreed to 9 by the House in which it originates, the other House of Con10 gress shall complete its action on such joint resolution.

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"SEC. 3. This article shall apply with respect to the 12 second fiscal year beginning after the ratification of this arti

13 cle and each succeeding fiscal year.

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"SEC. 4. The Congress shall have power to enforce this

15 article by appropriate legislation.".

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To amend the Constitution of the United States to mandate a balanced budget.

IN THE SENATE OF THE UNITED STATES

FEBRUARY 8 (legislative day, JANUARY 15), 1979

Mr. HARRY F. BYRD, Jr. (for himself and Mr. HELMS) introduced the following joint resolution; which was read twice and referred to the Committee on the Judiciary

JOINT RESOLUTION

To amend the Constitution of the United States to mandate a

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balanced budget.

Resolved by the Senate and House of Representatives 2 of the United States of America in Congress assembled 3 (two-thirds of each House concurring therein), That the fol4 lowing article is hereby proposed as an amendment to the 5 Constitution of the United States, which shall be valid for all 6 intents and purposes as part of the Constitution when ratified 7 by the legislatures of three-fourths of the several States 8 within three years after its submission to the States for ratifi9 cation:

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"ARTICLE

"SECTION 1. In exercising its powers under article I of 3 the Constitution, and in particular its powers to lay and col4 lect taxes, duties, imposts, and excises and to enact laws 5 making appropriations, the Congress shall assure that the 6 total outlays of the Government during any fiscal year do not 7 exceed the total receipts of the Government during such 8 fiscal year.

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"SEC. 2. During the first fiscal year beginning after the 10 ratification of this article, the total outlays of the Govern11 ment, not including any outlays for the redemption of bonds, 12 notes, or other obligations of the United States, shall not 13 exceed total receipts, not including receipts derived from the 14 issuance of bonds, notes, or other obligations of the United 15 States.

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"SEC. 3. In the case of a national emergency, Congress

17 may determine by a concurrent resolution agreed to by a 18 rollcall vote of two-thirds of all the Members of each House 19 of Congress, that total outlays may exceed total receipts.

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"SEC. 4. The Congress shall have power to enforce this

21 article by appropriate legislation.

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To amend the Constitution of the United States to mandate a balanced budget.

IN THE SENATE OF THE UNITED STATES

MARCH 7 (legislative day, FEBRUARY 22), 1979

Mr. HARRY F. BYRD, JR., introduced the following joint resolution; which was read twice and referred to the Committee on the Judiciary

JOINT RESOLUTION

To amend the Constitution of the United States to mandate a

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balanced budget.

Resolved by the Senate and House of Representatives 2 of the United States of America in Congress assembled 3 (two-thirds of each House concurring therein), That the fol4 lowing article is hereby proposed as an amendment to the 5 Constitution of the United States, which shall be valid for all 6 intents and purposes as part of the Constitution when ratified 7 by the legislatures of three-fourths of the several States 8 within three years after its submission to the States for ratifi9 cation:

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"ARTICLE

"SECTION 1. In exercising its powers under article I of

3 the Constitution, and in particular its powers to lay and col4 lect taxes, duties, imposts, and excises and to enact laws 5 making appropriations, the Congress shall assure that the 6 total outlays of the Government during any fiscal year do not 7 exceed the total receipts of the Government during such 8 fiscal year.

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"SEC. 2. During the first fiscal year beginning after the 10 ratification of this article, the total outlays of the Govern11 ment, not including any outlays for the redemption of bonds, 12 notes, or other obligations of the United States, shall not 13 exceed total receipts, not including receipts derived from the 14 issuance of bonds, notes, or other obligations of the United 15 States.

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"SEC. 3. In the case of a national emergency, Congress 17 may determine by a concurrent resolution agreed to by a 18 rollcall vote of two-thirds of all the Members of each House 19 of Congress, that total outlays may exceed total receipts for 20 the fiscal year designated in such concurrent resolution.

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"SEC. 4. The Congress shall have power to enforce this

22 article by appropriate legislation.".

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