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- H.R.6485
H.R.6485: Inflation Prevention Act
About This Bill
- Introduced Jan. 25, 2022
- Latest Major Action Jan. 25, 2022
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
19 (All Republicans)
Bill Version
- Introduced in House - Jan. 25, 2022
Bill Summary
Inflation Prevention Act 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 result in an increase to the rate of inflation. The prohibition may be waived in the Senate by an affirmative vote of three-fifths of the Senate.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Jan. 25, 2022 |
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.
|
| Jan. 25, 2022 |
Introduced in the House by Mike Garcia (R-Calif.) |