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OK HJR1090

Joint Resolution

Status

Introduced

2/3/2014

Primary Sponsor

Sean Roberts

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Oklahoma would join the "Compact for America," an interstate agreement among states to propose and ratify a federal Balanced Budget Amendment through an Article V constitutional convention
  • The proposed Balanced Budget Amendment would require total federal outlays not exceed receipts, set an initial debt limit at 105% of outstanding debt at ratification, and require approval from a majority of state legislatures to increase the debt ceiling
  • Establishes a Compact Commission with power to appoint a Compact Administrator, coordinate convention logistics, and oversee enforcement; the convention would be held in Dallas, Texas within 60 days of Congress calling it
  • Each member state's governor at the time of enactment would serve as the sole delegate to the convention, with authority strictly limited to voting on the specific Balanced Budget Amendment text included in the compact
  • The compact takes full effect when at least three-fourths of states become members; member states may not withdraw once that threshold is reached without unanimous consent, and states are prohibited from ratifying any amendment other than the specified Balanced Budget Amendment

Legislative Description

Compact for America; establishing Compact.

Government

Last Action

Referred to Rules Committee

2/20/2014

Committee Referrals

States Rights2/20/2014
Rules2/4/2014

Full Bill Text

No bill text available