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OK SJR3
Joint Resolution
AI Summary
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Calls upon the U.S. Congress to convene a single-issue federal convention under Article V of the Constitution solely to vote on sending a Balanced Federal Budget Amendment to states for ratification
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Proposes a constitutional amendment requiring Congress to balance the federal budget annually, with exceptions for war/national emergencies (debt repaid within 10 years) or two-thirds Congressional approval (debt repaid within 5 years)
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Mandates repayment of all existing federal debt within 20 years of ratification, with minimum annual payments of 1/20th of the original amount
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Establishes detailed "Addendum Agreement" governing convention procedures, including delegate selection, voting rules (one vote per state delegation), closed deliberations, 180-360 day time limits, and strict prohibitions against discussing any topic other than the specific amendment
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Declares that delegates violating convention terms face removal and their state delegation may lose voting rights after two violations; any amendment other than the exact text provided would be automatically rejected by Oklahoma for ratification
Legislative Description
Joint Resolution; calling upon Congress to convene single issue Balanced Federal Budget Amendment Convention; setting forth text and addendum agreement.
Government
Last Action
coauthored by Banz (principal House author)
2/5/2013