summary
Introduced
01/08/2019
01/08/2019
In Committee
01/08/2019
01/08/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
116th Congress
Bill Summary
A bill to reduce a portion of the annual pay of Members of Congress for the failure to adopt a concurrent resolution on the budget which does not provide for a balanced budget, and for other purposes. This bill requires the Office of Management and Budget (OMB), upon adoption by a chamber of Congress of a concurrent budget resolution for a fiscal year, to certify to the Speaker of the House of Representatives or the President pro tempore of the Senate whether that chamber has adopted a balanced budget. Balanced budget means a concurrent budget resolution providing that for FY2027 and each succeeding fiscal year to which the resolution applies total outlays do not exceed total receipts and are not more than 18% of the projected domestic product for such fiscal year. The bill requires the salary of Members of Congress to be held in escrow if OMB determines a chamber has not adopted a balanced budget for FY2020 before April 16, 2019, and for FY2021 before April 16, 2020. The bill also provides for the release of such funds to the Members. Beginning in FY2022, if OMB does not certify that a chamber has adopted a balanced budget before April 16 of the prior fiscal year, each Member of that chamber shall be paid at the rate of $1 annually for pay periods after that date in the same calendar year. This bill requires legislation in either chamber that increases revenue to be agreed upon only by an affirmative vote of three-fifths of the Members of that chamber.
AI Summary
This bill, the Balanced Budget Accountability Act, aims to hold members of Congress accountable for failing to pass annual budgets that result in a balanced federal budget. The key provisions of the bill are:
1. The Office of Management and Budget (OMB) must certify whether each chamber of Congress has adopted a "balanced budget" - defined as a budget resolution where total outlays do not exceed total receipts and are not more than 18% of the projected gross domestic product.
2. If a chamber fails to adopt a balanced budget by April 16 of the prior fiscal year, the salaries of its members will be held in escrow until a balanced budget is adopted (for fiscal years 2020 and 2021) or they will be paid only $1 annually (for fiscal year 2022 and beyond).
3. The bill also requires a supermajority (three-fifths) vote in each chamber to pass legislation that increases revenue.
The goal of the bill is to encourage Congress to develop and implement policies that balance the federal budget, in order to address the growing national debt and promote economic growth.
Committee Categories
Military Affairs and Security
Sponsors (1)
Last Action
Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (on 01/08/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/116th-congress/senate-bill/44/all-info |
| BillText | https://www.congress.gov/116/bills/s44/BILLS-116s44is.pdf |
| Bill | https://www.congress.gov/116/bills/s44/BILLS-116s44is.pdf.pdf |
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