Food and Energy Security Act
This bill requires federal financial regulators (like the Federal Reserve or SEC) to analyze how new rules would affect food, electricity, and fuel prices before implementing them. Specifically, it mandates that regulators provide detailed, multi-year price impact estimates - broken down by Consumer Price Index categories - when proposing rules affecting agricultural or energy supply chain businesses. Regulators cannot adopt such rules if the analysis shows price increases, unless the annual Consumer Price Index growth is below 4.5%. The law directly affects businesses in food/energy supply chains and the federal agencies that write financial regulations.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
President
Introduced Feb 14, 2023
Last action Feb 14, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Feb 14, 2023
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text: CR S399)
upper
Feb 14, 2023
Introduced
Introduced in Senate
upper
1 primary · 8 co-sponsors
Sponsors
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