Bill > HCR45

This concurrent resolution, passed by the Kentucky General Assembly, formally requests the United States Congress to call a convention of the states, as permitted by Article V of the U.S. Constitution, for the specific purpose of proposing an amendment that would require the federal government to maintain a balanced budget. This means that federal spending in any given fiscal year, unless there is a declared national emergency, should not exceed the estimated federal revenue for that year, along with any necessary fiscal restraints. The resolution highlights concerns about the massive national debt and its potential harm to the country, referencing historical efforts and presidential advocacy for a balanced budget amendment, and directs the clerk to inform relevant federal and state officials of this application, which will remain in effect until two-thirds of the states make similar requests.

Government Affairs

https://apps.legislature.ky.gov/record/26RS/hcr45.html