HJR 1016 Summary

• Oklahoma Legislature applies to Congress under Article V of the U.S. Constitution to call a convention for proposing a balanced budget amendment to the Constitution.

• The proposed amendment would require that total Federal appropriations cannot exceed total estimated Federal revenues in any fiscal year, except during national emergencies.

• This application is counted together with other states' outstanding balanced budget applications (from 19 previously-named states) toward the two-thirds threshold needed to trigger a constitutional convention.

• Secretary of State is directed to distribute copies of this resolution to Congress, state delegations, and presiding officers of other state legislatures to encourage cooperation.

• This application is continuous until at least two-thirds of states submit similar applications on the balanced budget subject, and it supersedes all previous balanced budget applications from Oklahoma.