Docket
118th Congress · HOUSE BILLBILL

H.R. 252 — Inflation Prevention Act of 2023

“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.”

Congress
Introduced Jan 10, 2023
Last action Jan 10, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jan 10, 2023
Step 2
Referred
Jan 10, 2023
Budget · Rules
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill establishes a point of order that, when the annualized rate of inflation exceeds 4.5%, prohibits the House and Senate from considering legislation that provides new budget authority and is estimated to increase the Consumer Price Index for All Urban Consumers. The prohibition may be waived in the Senate by an affirmative vote of three-fifths of the Senate.

Provisions · 3 sectionsIntroduced in House
Timeline · 3 actions
Jan 10, 2023
Introduced in House
Jan 10, 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.
Jan 10, 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.