S 4253 · 93th Congress · Economics and Public Finance

A bill to amend the Council on Wage and Price Stability Act to provide the Council the authority to issue subpoenas and to delay inflationary wage or price increases.

Introduced 1974-12-18· Sponsored by Sen. Javits, Jacob K. [R-NY]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1974-12-18)

Plain Language Summary

[AI summary unavailable — showing source text] Provides, under the Council on Wage and Price Stability Act (P.L. 93-387), that the Council shall have authority to: (1) issue subpenas; and (2) issue orders delaying for one period, not to exceed 60 days, the implementation of any wage or price increase which is likely to have a serious inflationary impact.…

Summarized by Claude AI · Non-partisan · For informational purposes only