HCR 2014 Summary

• Applies to Congress of the United States to call a constitutional convention under Article V for the purpose of proposing a balanced budget amendment to the U.S. Constitution.

• Requires that federal appropriations for any fiscal year cannot exceed estimated federal revenue for that year, except during a national emergency, along with related fiscal restraints.

• Aggregates this application with existing balanced budget applications from 27 other states to reach the two-thirds majority needed to call a convention.

• Constitutes a continuing application that supersedes all previous Arizona applications on the same subject.

• Directs the Arizona Secretary of State to transmit the resolution to Congress members, congressional leadership, and state legislature leaders nationwide.