Reduce Exacerbated Inflation Negatively Impacting the Nation Act

Summary

Reduce Exacerbated Inflation Negatively Impacting the Nation Act This bill requires the Office of Management and Budget and the Council of Economic Advisers to provide an inflation estimate for each executive order that is projected to cause an annual gross budgetary effect of at least $1 billion. The estimate must determine whether the executive order will have no significant impact on inflation, a quantifiable inflationary impact on the Consumer Price Index, or a significant impact on inflation that cannot be quantified at the time the estimate is prepared. The requirement does not apply to executive orders that (1) provide for emergency assistance or relief at the request of any state or local government or an official of the government, or (2) are necessary for national security or the ratification or implementation of international treaty obligations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 12 January 2023

   Introduced

   Referred to the House Committee on Oversight and Accountability.

   Source: IntroReferral

2. 12 January 2023

   Introduced

   Introduced in House

   Source: IntroReferral

3. 12 January 2023

   Introduced

   Introduced in House

   Source: IntroReferral

4. 27 February 2023

   Reported

   Rules Committee Resolution H. Res. 166 Reported to House. Rule provides for consideration of H.R. 347 and H.J. Res. 30. Provides for consideration of H.R. 347 and H.J. Res. 30 and one hour of debate on each measure. The rule makes in order amendments to H.R. 347 printed in the report and provides for one motion to recommit on each measure.

   Source: Floor

5. 28 February 2023

   Floor

   Committee of the Whole House on the state of the Union rises leaving H.R. 347 as unfinished business.

   Source: Floor

6. 28 February 2023

   Passed

   On motion that the Committee rise Agreed to by voice vote.

   Source: Floor

7. 28 February 2023

   Floor

   Mr. Langworthy moved that the Committee rise.

   Source: Floor

8. 28 February 2023

   Floor

   Rule provides for consideration of H.R. 347 and H.J. Res. 30. Provides for consideration of H.R. 347 and H.J. Res. 30 and one hour of debate on each measure. The rule makes in order amendments to H.R. 347 printed in the report and provides for one motion to recommit on each measure.

   Source: Floor

9. 28 February 2023

   Floor

   The Speaker designated the Honorable Carol D. Miller to act as Chairwoman of the Committee.

   Source: Floor

10. 28 February 2023

    Floor

    House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 166 and Rule XVIII.

    Source: Floor

11. 28 February 2023

    Floor

    Considered under the provisions of rule H. Res. 166. (consideration: CR H942-953)

    Source: Floor

12. 1 March 2023

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

13. 1 March 2023

    Vote

    On passage Passed by recorded vote: 272 - 148 (Roll no. 131).

    Source: Floor

14. 1 March 2023

    Vote

    Passed/agreed to in House: On passage Passed by recorded vote: 272 - 148 (Roll no. 131).

    Source: Floor

15. 1 March 2023

    Passed

    The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union.

    Source: Floor

16. 1 March 2023

    Floor

    The previous question was ordered pursuant to the rule.

    Source: Floor

17. 1 March 2023

    Floor

    The House rose from the Committee of the Whole House on the state of the Union to report H.R. 347.

    Source: Floor

18. 1 March 2023

    Floor

    DEBATE - Pursuant to the provisions of H. Res. 166, the Committee of the Whole proceeded with 10 minutes of debate on the Omar amendment No. 11.

    Source: Floor

19. 1 March 2023

    Floor

    The House resolved into Committee of the Whole House on the state of the Union for further consideration.

    Source: Floor

20. 1 March 2023

    Floor

    Considered as unfinished business. (consideration: CR H976-988)

    Source: Floor

21. 2 March 2023

    Calendars

    Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

    Source: Calendars

22. 6 March 2023

    Calendars

    Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 23.

    Source: Calendars

Votes

Versions

• Placed on Calendar Senate · 6 March 2023 · Download file
• Engrossed in House · 1 March 2023 · Download file
• Introduced in House · 12 January 2023 · Download file

Documents

8 official files

• Placed on Calendar Senate (text)

  Placed on Calendar Senate · EN · 6 March 2023

  ViewDownloadOpen at official source

• Placed on Calendar Senate (PDF)

  Placed on Calendar Senate · EN · 6 March 2023

  ViewDownloadOpen at official source

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• Engrossed in House (text)

  Engrossed in House · EN · 1 March 2023

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• Engrossed in House (PDF)

  Engrossed in House · EN · 1 March 2023

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• Passed House

  summary · EN · 1 March 2023

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• Introduced in House (text)

  Introduced in House · EN · 12 January 2023

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• Introduced in House (PDF)

  Introduced in House · EN · 12 January 2023

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  Vertaal document

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• Introduced in House

  summary · EN · 12 January 2023

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Sponsors

• Rep. Stefanik, Elise M. [R-NY-21] · R · Sponsor
• Rep. McHenry, Patrick T. [R-NC-10] · R · Sponsor
• Rep. Smith, Jason [R-MO-8] · R · Sponsor
• Rep. Comer, James [R-KY-1] · R · Sponsor
• Rep. Van Drew, Jefferson [R-NJ-2] · R · Cosponsor
• Rep. Finstad, Brad [R-MN-1] · R · Cosponsor
• Rep. Wittman, Robert J. [R-VA-1] · R · Cosponsor
• Rep. Mann, Tracey [R-KS-1] · R · Cosponsor
• Rep. Sessions, Pete [R-TX-17] · R · Cosponsor
• Rep. Granger, Kay [R-TX-12] · R · Cosponsor
• Rep. Steil, Bryan [R-WI-1] · R · Cosponsor
• Rep. Houchin, Erin [R-IN-9] · R · Cosponsor
• Rep. Rose, John W. [R-TN-6] · R · Cosponsor
• Rep. Feenstra, Randy [R-IA-4] · R · Cosponsor
• Rep. McCormick, Richard [R-GA-7] · R · Cosponsor
• Rep. Boebert, Lauren [R-CO-4] · R · Cosponsor
• Rep. Bice, Stephanie I. [R-OK-5] · R · Cosponsor
• Rep. Carter, Earl L. "Buddy" [R-GA-1] · R · Cosponsor
• Rep. Langworthy, Nicholas A. [R-NY-23] · R · Cosponsor
• Rep. Spartz, Victoria [R-IN-5] · R · Cosponsor
• Rep. Santos, George [R-NY-3] · R · Cosponsor
• Sen. Banks, Jim [R-IN] · R · Cosponsor
• · hsgo00 · Standing

Related records

• related to ← Providing for consideration of the bill (H.R. 347) to require the Executive Office of the President to provide an inflation estimate with respect to Executive orders with a significant effect on the annual gross budget, and for other purposes, and providing for consideration of the joint resolution (H.J. Res. 30) providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of Labor relating to "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".
• related to ← Reduce Exacerbated Inflation Negatively Impacting the Nation Act
• related to ← Reduce Exacerbated Inflation Negatively Impacting the Nation Act
• amends ← An amendment numbered 2 printed in House Report 118-4 to add the House Committee on Oversight and Accountability and the Senate Committee on Homeland Security and Governmental Affairs as report recipients; and adds "economic" effect to the definition of "major executive order".
• amends ← An amendment numbered 4 printed in House Report 118-4 to amend the bill to direct OMB and CEA to incorporate the inflationary impact of the debt servicing costs.
• amends ← An amendment numbered 8 printed in House Report 118-4 to add at the end of section 2(d), (4) The term quantifiable inflationary impact means an Executive order was estimated to increase or decrease Consumer Price Index inflation by at least 1% percentage point over the course of a year.
• amends ← An amendment numbered 10 printed in House Report 118-4 to require the Executive Office of the President (EOP) to estimate whether a major Executive order has a quantifiable inflationary impact on the Producer Price Index (as well as the Consumer Price Index).
• amends ← An amendment numbered 1 printed in House Report 118-4 to require that the inflationary report take into account the spending patterns of military personnel, rural areas, and farm households.

Showing 8 of 17 related records.