S 1022 · 96th Congress · Economics and Public Finance
Economic Stabilization Act of 1979
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1979-04-26)
Plain Language Summary
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Economic Stabilization Act of 1979 - Authorizes the President, through fiscal year 1981, to issue such orders and regulations as may be deemed appropriate to stabilize prices, rents, wages, and salaries at levels not less than those prevailing on April 26, 1979. Establishes a $5,000 maximum fine for, and provides for injunctive relief from, violations of any such orders.…
Summarized by Claude AI · Non-partisan · For informational purposes only