HR 6485 United States House · 117th Congress

Inflation Prevention Act

Summary

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.

Issues: ✗ Budget & Taxes

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2022

Committee Review

Floor Vote

President

Introduced Jan 25, 2022 Last action Jan 25, 2022

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Full legislative history

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Committee

Jan 25, 2022

Committee

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.

lower

Jan 25, 2022

Introduced

Introduced in House

lower

1 primary · 19 co-sponsors