S6-118

Introduced

To reduce a portion of the annual pay of Members of Congress for the failure to adopt a concurrent resolution on the budget which does not provide for a balanced budget, and for other purposes.

118th Congress Introduced Jan 23, 2023

Summary

What This Bill Does

The bill creates short title; findings This Act may be cited as the Balanced Budget Accountability Act, requires effect of failure to adopt resolution providing for balanced budgets, and requires supermajority requirement for increasing revenue In the Senate and the House of Representatives, a bill, joint resolution, amendment, conference report, or amendment between the Houses that increases revenue. It relies on product standards, compliance mandates, definition changes, and reporting requirements. The main policy areas are Homeowners, Housing, Finance, and Environment.

Who Benefits and How

Homeowners, tenants, or housing market participants affected by the bill could face lower compliance burdens and Public beneficiaries or protected communities affected by the clause could face reduced risk.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Homeowners, tenants, or housing market participants affected by the bill would take on compliance duties, and Environmental and public health interests affected by the bill would take on compliance duties.

Key Provisions

  • Creates short title; findings This Act may be cited as the Balanced Budget Accountability Act.
  • Requires effect of failure to adopt resolution providing for balanced budgets.
  • Requires supermajority requirement for increasing revenue In the Senate and the House of Representatives, a bill, joint resolution, amendment, conference report, or amendment between the Houses that increases revenue...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill creates short title; findings This Act may be cited as the Balanced Budget Accountability Act, requires effect of failure to adopt resolution providing for balanced budgets, and requires supermajority requirement for increasing revenue In the Senate and the House of Representatives, a bill, joint resolution, amendment, conference report, or amendment between the Houses that increases revenue.

Key Policy Areas

Homeowners, Housing, Finance, Environment

Primary Purpose

The bill creates short title; findings This Act may be cited as the Balanced Budget Accountability Act, requires effect of failure to adopt resolution providing for balanced budgets, and requires supermajority requirement for increasing revenue In the Senate and the House of Representatives, a bill, joint resolution, amendment, conference report, or amendment between the Houses that increases revenue.

Policy Domains

Homeowners Housing Finance Environment

Whole bill

Identified Gains
  • Homeowners, tenants, or housing market participants affected by the bill
  • Public beneficiaries or protected communities affected by the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Public beneficiaries or protected communities affected by the clause:
Homeowners, tenants, or housing market participants affected by the bill:
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Homeowners, tenants, or housing market participants affected by the bill
  • Environmental and public health interests affected by the bill
  • Businesses and employers affected by the bill
  • Public beneficiaries or protected communities affected by the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Businesses and employers affected by the bill:
Environmental and public health interests affected by the bill:
Public beneficiaries or protected communities affected by the clause:
Homeowners, tenants, or housing market participants affected by the bill: ,
Federal, state, or local agencies responsible for implementing the clause: ,

Legislative Progress

Introduced
Introduced Committee Passed
Jan 23, 2023

Mr. Daines introduced the following bill; which was read twice …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Homeowners Housing Finance Environment

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology