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- S.3770
S.3770: PRICE Act
About This Bill
- Introduced March 7, 2022
- Latest Major Action March 7, 2022
Bill Sponsor
Bill Version
- Introduced in Senate - March 7, 2022
Bill Summary
Preventing Runaway Inflation in Consumer Expenditures Act or the PRICE Act This bill establishes a point of order that prohibits the Senate from considering legislation that would cause a net increase in outlays unless the Congressional Budget Office certifies that inflation is below 3%. The point of order may be waived by an affirmative vote of three-fifths of the Senate.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
March 7, 2022 |
Read twice and referred to the Committee on the Budget.
|
March 7, 2022 |
Introduced in the Senate by Mike Lee (R-Utah) |