Inflation Prevention Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Jan 25, 2022)
Inflation Prevention Act
This bill establishes a point of order that, when the annualized rate of inflation exceeds 4.5%, prohibits the House and 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 in the Senate by an affirmative vote of three-fifths of the Senate.
What just happenedJan 25, 2022
Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Who’s behind it
- Introduced in HouseJan 25, 2022
- Jan 25, 2022IntroReferralH11100
Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Budget Committee - Jan 25, 2022IntroReferralH11100
Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Rules Committee - Jan 25, 2022IntroReferralIntro-H
Introduced in House
- Jan 25, 2022IntroReferral1000
Introduced in House