S 3770
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
Mar 7, 2022
Read twice and referred to the Committee on the Budget.
Mar 7, 2022
Introduced in Senate
Plain-English 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.
What's happening now
Read twice and referred to the Committee on the Budget.
Committees of jurisdiction
1
Cosponsors
1