S. 3495 · 117th Congress
Inflation Prevention Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
ScottSponsor13 cosponsors · 13 R
R
Daines
JE
R
Ernst
CG
R
Grassley
BH
R
Hagerty
JH
R
Hoeven
JL
R
Lankford
MR
R
Rubio
RS
R
Scott
JT
R
Thune
TY
R
Young
KC
R
Cramer
DF
R
Fischer
PT
R
Toomey10 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill establishes a point of order that, when the annualized rate of inflation exceeds 4.5%, prohibits the Senate from considering legislation that provides new budget authority and is estimated to result in an increase to the rate of inflation. The prohibition may be waived by an affirmative vote of three-fifths of the Senate.
What it does: CRS summary · Introduced in Senate · Jan 12, 2022
Inflation Prevention Act
This bill establishes a point of order that, when the annualized rate of inflation exceeds 4.5%, prohibits the Senate from considering legislation that provides new budget authority and is estimated to result in an increase to the rate of inflation. The prohibition may be waived by an affirmative vote of three-fifths of the Senate.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Inflation Prevention Act
Latest action (Jan 12, 2022): Read twice and referred to the Committee on Rules and Administration.
Policy area: Congress · Origin: Senate · Introduced: Jan 12, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.