Bill117th CongressFiled Jan 12, 2022Congress
S. 3495
Inflation Prevention Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary 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.
What just happenedJan 12, 2022
Read twice and referred to the Committee on Rules and Administration.
Who’s behind it
Sen. Scott, Tim [R-SC](R-SC)Sponsor
13 cosponsors13 R
13cosponsors1committees2actions1related bills
- Introduced in SenateJan 12, 2022
- Jan 12, 2022IntroReferral
Read twice and referred to the Committee on Rules and Administration.
Rules and Administration Committee - Jan 12, 2022IntroReferral10000
Introduced in Senate