H.R. 347 · 118th Congress · House

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

In Congress· Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 23.
Introduced
Jan 12, 23
Passed House
Mar 1, 23
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

This bill requires the Office of Management and Budget and the Council of Economic Advisers to provide an inflation estimate for each executive order that is projected to cause an annual gross budgetary or economic effect of at least $1 million.

The estimate must determine whether the executive order will have

  • no significant impact on inflation,
  • a quantifiable inflationary impact on the Consumer Price Index or the Producer Price Index, or
  • a significant impact on inflation that cannot be quantified at the time the estimate is prepared.

The estimate must also (1) incorporate the inflationary impact of the debt servicing costs associated with the executive order; and (2) take into account the spending patterns of military personnel and of residents of non-metropolitan areas, including rural areas and farm households.

The requirements do not apply to executive orders that (1) provide for emergency assistance or relief at the request of any state or local government or an official of the government, or (2) are necessary for national security or the ratification or implementation of international treaty obligations.

Previous Versions

00Jan 12, 2023

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

This bill requires the Office of Management and Budget and the Council of Economic Advisers to provide an inflation estimate for each executive order that is projected to cause an annual gross budgetary effect of at least $1 billion.

The estimate must determine whether the executive order will have

  • no significant impact on inflation,
  • a quantifiable inflationary impact on the Consumer Price Index, or
  • a significant impact on inflation that cannot be quantified at the time the estimate is prepared.

The requirement does not apply to executive orders that (1) provide for emergency assistance or relief at the request of any state or local government or an official of the government, or (2) are necessary for national security or the ratification or implementation of international treaty obligations.

Action Timeline

43
  1. MAR 06, 2023Calendars

    Read the second time

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 23.

  2. MAR 02, 2023Calendars

    Received in the Senate

    Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

  3. MAR 01, 2023Floor

    Considered as unfinished business

    (consideration: CR H976-988)

    976Yea
    988Nay
    0NV
  4. MAR 01, 2023Floor

    The House resolved into Committee of the Whole House on the state of the Union for further consideration.

  5. MAR 01, 2023Floor

    DEBATE - Pursuant to the provisions of H

    Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Omar amendment No. 11.

  6. MAR 01, 2023Floor

    DEBATE - Pursuant to the provisions of H

    Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Perry amendment No. 12.

  7. MAR 01, 2023Floor

    DEBATE - Pursuant to the provisions of H

    Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Perry amendment No. 13.

  8. MAR 01, 2023Floor

    DEBATE - Pursuant to the provisions of H

    Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Roy amendment No. 14.

  9. MAR 01, 2023Floor

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Roy amendment No

    14, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Raskin demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.

  10. MAR 01, 2023Floor

    DEBATE - Pursuant to the provisions of H

    Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Yakym amendment No. 15.

  11. MAR 01, 2023Floor

    UNFINISHED BUSINESS - The Chair announced that the unfinished business was on the question of agreeing to the amendments, which had been debated earlier and on which further proceedings had been postponed.

  12. MAR 01, 2023Floor

    The House rose from the Committee of the Whole House on the state of the Union to report H.R. 347.

  13. MAR 01, 2023Floor

    The previous question was ordered pursuant to the rule.

  14. MAR 01, 2023Floor

    The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union.

  15. MAR 01, 2023Floor

    Passed/agreed to in House

    Roll Call #131

    On passage Passed by recorded vote: 272 - 148 (Roll no. 131).

    272Yea
    148Nay
    0NV
  16. MAR 01, 2023Floor

    On passage Passed by recorded vote

    Roll Call #131

    272 - 148 (Roll no. 131).

    272Yea
    148Nay
    0NV
  17. MAR 01, 2023Floor

    Motion to reconsider laid on the table Agreed to without objection.

  18. FEB 28, 2023Floor

    Considered under the provisions of rule H

    Res. 166. (consideration: CR H942-953)

    942Yea
    953Nay
    0NV
  19. FEB 28, 2023Floor

    Rule provides for consideration of H.R

    347 and H.J. Res. 30. Provides for consideration of H.R. 347 and H.J. Res. 30 and one hour of debate on each measure. The rule makes in order amendments to H.R. 347 printed in the report and provides for one motion to recommit on each measure.

  20. FEB 28, 2023Floor

    House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 166 and Rule XVIII.

  21. FEB 28, 2023Floor

    The Speaker designated the Honorable Carol D

    Miller to act as Chairwoman of the Committee.

  22. FEB 28, 2023Floor

    GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 347.

  23. FEB 28, 2023Floor

    DEBATE - Pursuant to the provisions of H.Res

    166, the Committee of the Whole proceeded with 10 minutes of debate on the Bost amendment No. 1.

  24. FEB 28, 2023Floor

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Bost amendment No

    1, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mr. Raskin demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.

  25. FEB 28, 2023Floor

    DEBATE - Pursuant to the provisions of H

    Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Comer amendment No. 2.

  26. FEB 28, 2023Floor

    DEBATE - Pursuant to the provisions of H

    Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Boebert amendment No. 3.

  27. FEB 28, 2023Floor

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Bobert amendment No

    3, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mrs. Boebert demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.

  28. FEB 28, 2023Floor

    DEBATE - Pursuant to the provisions of H

    Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Cloud amendment No. 4.

  29. FEB 28, 2023Floor

    DEBATE - Pursuant to the provisions of H

    Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson Lee amendment No. 6.

  30. FEB 28, 2023Floor

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Jackson Lee amendment No. 6, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Ms. Jackson Lee demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.

  31. FEB 28, 2023Floor

    DEBATE - Pursuant to the provisions of H

    Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson Lee amendment No. 7.

  32. FEB 28, 2023Floor

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Jackson Lee amendment No. 7, the Chair put the question on adoption of the amendment and by voice vote, announced that the noes had prevailed. Ms. Jackson Lee demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.

  33. FEB 28, 2023Floor

    DEBATE - Pursuant to the provisions of H

    Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Jackson Lee amendment No. 8.

  34. FEB 28, 2023Floor

    DEBATE - Pursuant to the provisions of H

    Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Lee (NV) amendment No. 9.

  35. FEB 28, 2023Floor

    POSTPONED PROCEEDINGS - At the conclusion of debate on the Lee (NV) amendment No. 9, the Chair put the question on adoption of the amendment and by voice vote, announced that the ayes had prevailed. Mrs. Lee demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.

  36. FEB 28, 2023Floor

    DEBATE - Pursuant to the provisions of H

    Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Langworthy amendment No. 10.

  37. FEB 28, 2023Floor

    Mr

    Langworthy moved that the Committee rise.

  38. FEB 28, 2023Floor

    On motion that the Committee rise Agreed to by voice vote.

  39. FEB 28, 2023Floor

    Committee of the Whole House on the state of the Union rises leaving H.R

    347 as unfinished business.

  40. FEB 27, 2023Floor

    Rules Committee Resolution H

    Res. 166 Reported to House. Rule provides for consideration of H.R. 347 and H.J. Res. 30. Provides for consideration of H.R. 347 and H.J. Res. 30 and one hour of debate on each measure. The rule makes in order amendments to H.R. 347 printed in the report and provides for one motion to recommit on each measure.

  41. JAN 12, 2023IntroReferral

    Introduced in House

  42. JAN 12, 2023IntroReferral

    Introduced in House

  43. JAN 12, 2023IntroReferral

    Referred to the House Committee on Oversight and Accountability.

Committees

1

Oversight and Government Reform Committee

hsgo00

Referred: Jan 12, 2023

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