United States · Bill · HR
H.R. 498 (109th)
Price Stability Act of 2005
Introduced
1 February 2005
Last action
—
Status
Referred to the Subcommittee on Domestic and International Monetary Policy, Trade, and Technology.
Sponsors
—
Subjects
Discovery layer
Source updated
15 August 2025
Summary
Price Stability Act of 2005 - Declares that the primary and overriding goal of the Board of Governors of the Federal Reserve System and the Federal Open Market Committee with regard to monetary policy shall be the achievement of price stability. Authorizes the Board and the Committee to suspend such goal if the Committee, by a majority vote, and the President jointly determine such suspension necessary due to an emergency. Instructs the Board and the Committee to establish a definition of the goal of price stability using prescribed criteria.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 1 February 2005
Introduced in House (PDF)
Introduced in House · EN · 1 February 2005
Introduced in House
summary · EN · 1 February 2005
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/109th-congress/house-bill/498
- Open data entity: https://api.congress.gov/v3/bill/109/hr/498