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HR 3640 118th Congress House Economics and Public Finance

Informed Lawmaking to Combat Inflation Act

Introduced: May 24, 2023 Introduced by: Hinson, Ashley Republican · Iowa See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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
May 24, 2023
Introduced in House
May 24, 2023
Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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 Plain-English summary Congressional Research Service

Informed Lawmaking to Combat Inflation Act

This bill requires the Congressional Budget Office to provide inflation estimates for certain legislation that provides for direct spending and is projected to cause an annual gross budgetary effect of at least 0.25% of the projected gross domestic product of the United States.

The estimates must determine whether the legislation will have

  • no significant impact on inflation,
  • a quantifiable inflationary impact on the consumer price index, or
  • a significant impact on inflation that cannot be quantified at the time the estimate is prepared.

The requirement does not apply to legislation that (1) provides for emergency assistance or relief at the request of any state, local, or tribal government; or (2) is necessary for the national security or the ratification or implementation of international treaty obligations.

What's happening now May 24, 2023

Referred to the Committee on Rules, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Related & companion bills 1
  • S 3895 Related bill Informed Lawmaking to Combat Inflation Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 3
All 3 Democratic 1 Republican 1
D
Cuellar, Henry
Texas · May 24, 2023
 R
Finstad, Brad
Minnesota · May 24, 2023
Nickel, Wiley
· May 24, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3640: Informed Lawmaking to Combat Inflation Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-3640/
MLA
"H.R. 3640: Informed Lawmaking to Combat Inflation Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-3640/.
Bluebook (legal)
H.R. 3640, 118th Cong. (2026), https://openamerica.io/bill/118-HR-3640/.
Markdown link
[H.R. 3640: Informed Lawmaking to Combat Inflation Act](https://openamerica.io/bill/118-HR-3640/)
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