Bill117th CongressFiled Mar 7, 2022Economics and Public Finance
S. 3770
PRICE Act
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Mar 7, 2022)
Preventing Runaway Inflation in Consumer Expenditures Act or the PRICE Act
This bill establishes a point of order that prohibits the Senate from considering legislation that would cause a net increase in outlays unless the Congressional Budget Office certifies that inflation is below 3%. The point of order may be waived by an affirmative vote of three-fifths of the Senate.
What just happenedMar 7, 2022
Read twice and referred to the Committee on the Budget.
Who’s behind it
Sen. Lee, Mike [R-UT](R-UT)Sponsor
2 cosponsors2 R
2cosponsors1committees2actions1related bills
- Introduced in SenateMar 7, 2022
- Mar 7, 2022IntroReferral
Read twice and referred to the Committee on the Budget.
Budget Committee - Mar 7, 2022IntroReferral10000
Introduced in Senate