Informed Lawmaking to Combat Inflation Act

S 3895 (Informed Lawmaking to Combat Inflation Act) requires Congress to obtain Congressional Budget Office (CBO) analysis of inflation impacts before voting on "major legislation" (bills projected to affect at least 0.25% of U.S. GDP annually). This directly affects congressional committees, the House and Senate leadership, and federal agencies (which must provide data to the CBO). The bill mandates that committees submit major bills to the CBO Director, who must then provide a statement estimating both short-term and long-term inflation effects, including whether the bill will likely impact inflation or have no significant effect. The CBO analysis must be completed before the bill can be considered by either chamber, adding a procedural step to the legislative process. This is a procedural change focused on transparency, not altering actual policy outcomes.