S. 3634 · 117th Congress
Providing Reports on Inflation Costs and Economic Impact 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
ErnstSponsor5 cosponsors · 5 R
5 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Providing Reports on Inflation Costs and Economic Impact Act or the PRICE Act
What it does: CRS summary · Introduced in Senate · Feb 10, 2022
Providing Reports on Inflation Costs and Economic Impact Act or the PRICE Act
This bill establishes a point of order that prohibits the Senate from considering legislation that provides discretionary appropriations unless a Congressional Budget Office (CBO) report regarding the impact of the legislation on inflation has been submitted for publication in the Congressional Record.
The CBO report must include an analysis of the impact the legislation would have on
- the Consumer Price Index for all Urban Consumers,
- the Employment Cost Index for private industry workers, and
- the purchasing power of consumers.
The point of order may be waived or suspended 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: Providing Reports on Inflation Costs and Economic Impact Act
Also known as: PRICE Act
Latest action (Feb 10, 2022): Read twice and referred to the Committee on Rules and Administration.
Policy area: Economics and Public Finance · Origin: Senate · Introduced: Feb 10, 2022
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.