SRES 724
117th Congress
Senate
Finance and Financial Sector
A resolution expressing the sense of the Senate that the historic definition of a recession is 2 negative quarters of gross domestic product growth.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 27, 2022
Referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S3745)
Jul 27, 2022
Introduced in Senate
Plain-English summary
This resolution states that two consecutive quarters of negative growth in gross domestic product constitutes a recession.
What's happening now
Referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S3745)
Committees of jurisdiction
1