Informed Lawmaking to Combat Inflation Act

HR 3640, the "Informed Lawmaking to Combat Inflation Act," requires the Congressional Budget Office (CBO) to analyze the potential inflation impact of "major legislation" before Congress can consider it. Major legislation is defined as bills or resolutions projected to affect at least 0.25% of U.S. GDP annually (excluding emergency relief, national security, or treaty-related measures). Committees must submit such bills to the CBO for an inflation forecast, and Congress cannot proceed without this analysis, creating a procedural point of order in both chambers. This bill does not change spending or tax policy but mandates a specific analytical step for major bills. It is purely procedural, focusing on requiring CBO input before legislative action.