HR 934 · 97th Congress · Economics and Public Finance
Economic Stabilization Act of 1981
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Economic Stabilization.(1981-01-30)
Plain Language Summary
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Economic Stabilization Act of 1981 - Authorizes the President, through fiscal year 1985, to issue such orders and regulations as may be deemed appropriate to stabilize prices, rents, wages, salaries, and profits at levels not less than those prevailing on January 1, 1981, and to stabilize interest rates and corporate dividends and similar transfers at levels consistent with orderly economic growth. Establishes a $25,000 maximum fine for, and provides for injunctive relief from, violations of any such orders.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (16)
16 Democrats