S 3495 · 117th Congress

Inflation Prevention Act

<p><b>Inflation Prevention Act</b></p> <p>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 w…

Sponsor

Scott, Tim (R-SC)

Introduced

2022-01-12

Policy area

Congress

Latest action

Read twice and referred to the Committee on Rules and Administration.