To authorize Michigan’s membership in a “Compact for a Balanced Budget.” This would use the device of a multistate compact to submit an application to Congress calling for an Article V "convention to propose amendments to the U.S. Constitution." This would be limited to proposing an amendment prohibiting Congress from increasing the national debt without the approval of a majority of state legislatures.
Referred to the Committee on Elections and Government Reform
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 26 to 11
Referred to the Committee on Financial Liability Reform