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Informed Lawmaking to Combat Inflation Act

USA117th CongressHR-6629| House 
| Updated: 2/7/2022
John Katko

John Katko

Republican Representative

New York

Cosponsors (22)
Chris Stewart (Republican)David Kustoff (Republican)Elise M. Stefanik (Republican)Eric A. "Rick" Crawford (Republican)Jake LaTurner (Republican)Ashley Hinson (Republican)Stephanie N. Murphy (Democratic)Ed Case (Democratic)Stephanie I. Bice (Republican)Mariannette Miller-Meeks (Republican)Beth Van Duyne (Republican)Andrew R. Garbarino (Republican)Kurt Schrader (Democratic)Nancy Mace (Republican)Glenn Grothman (Republican)Peter Meijer (Republican)John H. Rutherford (Republican)Mark E. Green (Republican)David G. Valadao (Republican)Dan Crenshaw (Republican)Burgess Owens (Republican)Nicole Malliotakis (Republican)

Rules Committee, Budget Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Informed Lawmaking to Combat Inflation Act This bill requires the Congressional Budget Office to provide inflation estimates for certain legislation that is projected to cause an annual gross budgetary effect of at least 0.25% of the projected gross domestic product of the United States. The estimates must determine whether the legislation will have no significant impact on inflation, a quantifiable inflationary impact on the consumer price index, or a significant impact on inflation that cannot be quantified at the time the estimate is prepared. The requirement does not apply to legislation that (1) provides for emergency assistance or relief at the request of any state, local, or tribal government; or (2) is necessary for the national security or the ratification or implementation of international treaty obligations.
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Timeline
Feb 7, 2022
Introduced in House
Feb 7, 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.
  • February 7, 2022
    Introduced in House


  • February 7, 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.

Economics and Public Finance

Informed Lawmaking to Combat Inflation Act

USA117th CongressHR-6629| House 
| Updated: 2/7/2022
Informed Lawmaking to Combat Inflation Act This bill requires the Congressional Budget Office to provide inflation estimates for certain legislation that is projected to cause an annual gross budgetary effect of at least 0.25% of the projected gross domestic product of the United States. The estimates must determine whether the legislation will have no significant impact on inflation, a quantifiable inflationary impact on the consumer price index, or a significant impact on inflation that cannot be quantified at the time the estimate is prepared. The requirement does not apply to legislation that (1) provides for emergency assistance or relief at the request of any state, local, or tribal government; or (2) is necessary for the national security or the ratification or implementation of international treaty obligations.
View Full Text

Suggested Questions

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Timeline
Feb 7, 2022
Introduced in House
Feb 7, 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.
  • February 7, 2022
    Introduced in House


  • February 7, 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.
John Katko

John Katko

Republican Representative

New York

Cosponsors (22)
Chris Stewart (Republican)David Kustoff (Republican)Elise M. Stefanik (Republican)Eric A. "Rick" Crawford (Republican)Jake LaTurner (Republican)Ashley Hinson (Republican)Stephanie N. Murphy (Democratic)Ed Case (Democratic)Stephanie I. Bice (Republican)Mariannette Miller-Meeks (Republican)Beth Van Duyne (Republican)Andrew R. Garbarino (Republican)Kurt Schrader (Democratic)Nancy Mace (Republican)Glenn Grothman (Republican)Peter Meijer (Republican)John H. Rutherford (Republican)Mark E. Green (Republican)David G. Valadao (Republican)Dan Crenshaw (Republican)Burgess Owens (Republican)Nicole Malliotakis (Republican)

Rules Committee, Budget Committee

Economics and Public Finance

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted