This joint resolution proposes amending the Constitution to prohibit Members of Congress from receiving compensation unless both chambers have agreed to a fiscal year budget prior to the start of the fiscal year. The joint resolution provides that the amendment shall be valid when ratified by the legislatures of three-fourths of the states within seven years after the date of its submission for ratification. The amendment applies beginning in the fiscal year after the amendment is ratified and becomes a valid part of the Constitution. Under Article V of the Constitution, both chambers of Congress may propose an amendment by a vote of two-thirds of all Members present for such vote. A proposed amendment must be ratified by the states as prescribed in Article V and as specified by Congress.