S 3495 · 117th Congress · Congress
Inflation Prevention Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Rules and Administration.(2022-01-12)
Plain Language Summary
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Inflation Prevention Act This bill establishes a point of order that, when the annualized rate of inflation exceeds 4.5%, prohibits the Senate from considering legislation that provides new budget authority and is estimated to result in an increase to the rate of inflation. The prohibition may be waived by an affirmative vote of three-fifths of the Senate.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (13)
13 Republicans