S 3634
117th Congress
Senate
Economics and Public Finance
PRICE Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 10, 2022
Read twice and referred to the Committee on Rules and Administration.
Feb 10, 2022
Introduced in Senate
Plain-English summary
Providing Reports on Inflation Costs and Economic Impact Act or the PRICE Act
This bill establishes a point of order that prohibits the Senate from considering legislation that provides discretionary appropriations unless a Congressional Budget Office (CBO) report regarding the impact of the legislation on inflation has been submitted for publication in the Congressional Record.
The CBO report must include an analysis of the impact the legislation would have on
- the Consumer Price Index for all Urban Consumers,
- the Employment Cost Index for private industry workers, and
- the purchasing power of consumers.
The point of order may be waived or suspended 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