H.R. 252 · 118th Congress · House

Inflation Prevention Act of 2023

Active· Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speake…
Introduced
Jan 10, 23
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Inflation Prevention Act of 2023

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 increase the Consumer Price Index for All Urban Consumers. The prohibition may be waived in the Senate by an affirmative vote of three-fifths of the Senate.

Action Timeline

4
  1. JAN 10, 2023•IntroReferral

    Introduced in House

  2. JAN 10, 2023•IntroReferral

    Introduced in House

  3. JAN 10, 2023•IntroReferral

    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.

  4. JAN 10, 2023•IntroReferral

    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.

Committees

2

Budget Committee

hsbu00

Referred: Jan 10, 2023

Active

Rules Committee

hsru00

Referred: Jan 10, 2023

Active