S 3495
117th Congress
Senate
Congress
Congressional oversight
House of Representatives
Inflation and prices
Legislative rules and procedure
Senate
Inflation Prevention Act
Introduced: January 12, 2022
Introduced by:
Scott, Tim
Republican
· South Carolina
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 12, 2022
Read twice and referred to the Committee on Rules and Administration.
Jan 12, 2022
Introduced in Senate
Plain-English summary
Inflation Prevention Act
This bill establishes a point of order that, when the annualized rate of inflation exceeds 4.5%, prohibits the 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 by an affirmative vote of three-fifths of the Senate.
What's happening now
Read twice and referred to the Committee on Rules and Administration.
Committees of jurisdiction
1