Amending the Rules of the House of Representatives to require inflationary impact statements in committee reports.

This resolution requires an analytical statement to be included in committee reports on whether, and the extent to which, the increased budget authority, outlays, or revenue produced by the enactment of a bill or joint resolution may have an inflationary impact on prices and costs in the operation of the national economy and the purchasing power of low- and middle-income families.

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 492 Introduced in House (IH)]

<DOC>






117th CONGRESS
  1st Session
H. RES. 492

     Amending the Rules of the House of Representatives to require 
          inflationary impact statements in committee reports.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             June 23, 2021

  Mr. Banks (for himself, Mr. Budd, Ms. Salazar, Mr. Bishop of North 
 Carolina, Mr. Roy, Mrs. Spartz, Mrs. Greene of Georgia, Mrs. Cammack, 
   Mr. Biggs, Mr. Crenshaw, Mr. Steil, Ms. Stefanik, Mr. Duncan, Mr. 
Emmer, Ms. Herrell, Mr. Joyce of Pennsylvania, Mr. Johnson of Ohio, Mr. 
McClintock, Mr. Moore of Alabama, Mr. Cawthorn, Mr. Steube, Mr. Posey, 
  Mr. Reschenthaler, Mrs. Lesko, Mr. Weber of Texas, Mr. Fallon, Ms. 
    Tenney, Mr. Gooden of Texas, Mr. Keller, Mr. Grothman, and Mr. 
Davidson) submitted the following resolution; which was referred to the 
                           Committee on Rules

_______________________________________________________________________

                               RESOLUTION


 
     Amending the Rules of the House of Representatives to require 
          inflationary impact statements in committee reports.

    Resolved, That clause 3(d) of rule XIII of the Rules of the House 
of Representatives is amended by adding at the end the following new 
subparagraph:
            ``(3) A detailed analytical statement as to whether, and 
        the extent to which, the increased budget authority, outlays, 
        or revenue produced by the enactment of such bill or joint 
        resolution into law may have an inflationary impact on prices 
        and costs in the operation of the national economy. Such 
        statement shall also include whether, and the extent to which, 
        the inflationary impact would effect the purchasing power of 
        low- and middle-income families.''.
                                 <all>