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S. 3495 117th Congress Senate

Inflation Prevention Act

Official title: A bill to create a point of order against spending that will increase inflation unless inflation is not greater than 4.5 percent, and for other purposes.

Introduced: January 12, 2022 Introduced by: Tim Scott Republican · South Carolina See on congress.gov
Congress Congressional oversightHouse of RepresentativesInflation and pricesLegislative rules and procedureSenate
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This bill died when the 117th Congress ended
It never became law before the 117th Congress (2021–2022) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 12, 2022
Introduced in Senate
Jan 12, 2022
Read twice and referred to the Committee on Rules and Administration.
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 Latest action January 12, 2022

Read twice and referred to the Committee on Rules and Administration.

 Plain-English summary Congressional Research Service

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.

 Related & companion bills 1
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 12
All 12 Republican 11
Toomey, Patrick
· Jun 6, 2022
 R
Fischer, Deb
Nebraska · Jan 19, 2022
 R
Cramer, Kevin
North Dakota · Jan 18, 2022
 R
Daines, Steve
Montana · Jan 12, 2022
 R
Ernst, Joni
Iowa · Jan 12, 2022
 R
Grassley, Chuck
Iowa · Jan 12, 2022
 R
Hagerty, Bill
Tennessee · Jan 12, 2022
 R
Hoeven, John
North Dakota · Jan 12, 2022
 R
Lankford, James
Oklahoma · Jan 12, 2022
 R
Scott, Rick
Florida · Jan 12, 2022
 R
Thune, John
South Dakota · Jan 12, 2022
 R
Young, Todd
Indiana · Jan 12, 2022
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3495: Inflation Prevention Act. 117th Congress. Open America. https://openamerica.io/bill/117-S-3495/
MLA
"S. 3495: Inflation Prevention Act." 117th Congress, 2026, Open America, https://openamerica.io/bill/117-S-3495/.
Bluebook (legal)
S. 3495, 117th Cong. (2026), https://openamerica.io/bill/117-S-3495/.
Markdown link
[S. 3495: Inflation Prevention Act](https://openamerica.io/bill/117-S-3495/)
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