HR 3835 — Protecting America's Solvency Act of 2015

1 sponsors · 0 co-sponsors · 546 not signed on

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Frequently asked questions

What does HR 3835 do?

Protecting America's Solvency Act of 2015 This bill increases the statutory debt limit by $1 trillion after Congress adopts a balanced budget Constitutional amendment and by an additional $1 trillion after the amendment is ratified by the states. To comply with the requirements of this bill, the amendment must: prohibit total outlays for a year from exceeding receipts, excluding receipts derived from borrowing and outlays for repayment of debt principal; permit the deficit prohibition to be suspended by a majority of both houses of Congress in any year in which the United States is actively engaged in military conflict pursuant to a war declared by Congress or by a fourth-fifths vote in any other year; require the President to ensure that total outlays for a fiscal year do not exceed receipts and consider the failure to prevent a deficit to be an impeachable offense; permit any Member of Congress, governor, or attorney general to have standing and a cause of action to seek judicial enforcement of the amendment; prohibit the President, a court, or any state from ordering a tax increase or other revenue measures to enforce the requirements; and phase-in the requirements using a specified schedule of declining deficits.

Who sponsors HR 3835?

HR 3835 is sponsored by Mo Brooks (R).

What is the current status of HR 3835?

This bill died with 114th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

Where can I track HR 3835?

Track HR 3835 free on One Click Politics — get push/email alerts when it moves.