Inflation Prevention Act
USA117th CongressHR-6485| House
| Updated: 1/25/2022
Mike Garcia
Republican Representative
California
Cosponsors (19)
Diana Harshbarger (Republican)Barry Moore (Republican)Jake LaTurner (Republican)Steven M. Palazzo (Republican)Alexander X. Mooney (Republican)Young Kim (Republican)William R. Timmons (Republican)David Rouzer (Republican)Tim Walberg (Republican)David B. McKinley (Republican)Dan Newhouse (Republican)Rodney Davis (Republican)Nancy Mace (Republican)Glenn Grothman (Republican)David G. Valadao (Republican)Michelle Steel (Republican)Bill Huizenga (Republican)Randy Feenstra (Republican)Michael Guest (Republican)
Rules Committee, Budget Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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.
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Timeline
Introduced in House
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.
Congress
Congressional oversightHouse of RepresentativesInflation and pricesLegislative rules and procedureSenate
Inflation Prevention Act
USA117th CongressHR-6485| House
| Updated: 1/25/2022
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.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
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.
Mike Garcia
Republican Representative
California
Cosponsors (19)
Diana Harshbarger (Republican)Barry Moore (Republican)Jake LaTurner (Republican)Steven M. Palazzo (Republican)Alexander X. Mooney (Republican)Young Kim (Republican)William R. Timmons (Republican)David Rouzer (Republican)Tim Walberg (Republican)David B. McKinley (Republican)Dan Newhouse (Republican)Rodney Davis (Republican)Nancy Mace (Republican)Glenn Grothman (Republican)David G. Valadao (Republican)Michelle Steel (Republican)Bill Huizenga (Republican)Randy Feenstra (Republican)Michael Guest (Republican)
Rules Committee, Budget Committee
Congress
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Congressional oversightHouse of RepresentativesInflation and pricesLegislative rules and procedureSenate