Fiscal Responsibility Amendment Convention

Summary#

The resolution calls for an Article V convention to propose constitutional amendments. The call would not take effect if, within 60 days, the House Clerk reports that the required continuing applications from at least 34 states do not exist and provides detailed findings. Any amendment proposed at the convention would need ratification through state conventions in 38 states, with delegates following the voters’ direction. The resolution would also send a copy to the Administrator of General Services for delivery to state legislatures. It was referred to the House Judiciary Committee.

What it means for you#

If the resolution is adopted and a convention proposes amendments, voters would take part in ratification through state convention delegates. The resolution does not specify a date or place for the convention.

Expenses#

No publicly available information.

Proponents' View#

The resolution cites Congress’s constitutional duty to call a convention when enough states apply. It also points to the growth in national debt and the decline in the dollar’s value as reasons to pursue a fiscal responsibility amendment.

Opponents' View#

No publicly available information.