Louisiana House Bill HCR68

Louisiana 2010 Regular Session

• Introduced: 3/30/10
• Refer: 3/31/10
• Report Pass: 6/3/10
• Engrossed: 6/9/10
• Refer: 6/10/10

Caption

Applies to congress to call a convention pursuant to Article V of the U.S. Constitution to propose a balanced budget amendment (RE SEE FISC NOTE GF EX)

Impact

If enacted, HCR68 would prompt a convention assembled to propose amendments specifically limited to a balanced budget requirement. This action would not directly change any existing federal or state laws but could lead to significant revisions in how federal fiscal policies are developed and implemented. The resolution establishes clear guidelines regarding the authority and selection of delegates from each state, ensuring that any proposed amendment remains focused solely on the issue of a balanced budget.

Summary

HCR68 is a resolution adopted by the Legislature of Louisiana, applying to Congress for a convention under Article V of the U.S. Constitution. The primary aim of this resolution is to propose an amendment requiring a balanced federal budget, which would not apply during times of war. This proposal reflects a growing sentiment among some legislators and constituents for fiscal responsibility at the federal level, as there is a concern regarding rising national debt and the need for sustainable financial practices.

Sentiment

Reactions to HCR68 have been mixed. Supporters argue that it is a necessary step to encourage fiscal conservatism at the federal level, promoting responsible budgeting that can prevent economic crises. Opponents, however, raise concerns about the implications of such a convention, including fears over unintended consequences and the potential for other amendments to be discussed outside the stated purpose. This tension indicates a broader debate about the role of government in fiscal policy and the means by which change should be pursued.

Contention

The most notable points of contention surrounding HCR68 include the risks associated with calling an Article V convention, which some fear could open the door to a range of amendments that could undermine existing rights or protections. Additionally, the resolution allows for the application to be rescinded at any time before Congress receives applications from two-thirds of the states, causing further debate about the commitment and intentions of states participating in this movement for a balanced budget amendment.