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United States · Bill · S

S. 3352 (93rd)

Cost of Living Act

referredUnited States· United States Congress· EN

Introduced

11 April 1974

Last action

11 April 1974 · Introduced

Status

Referred to Senate Committee on Banking, Housing and Urban Affairs.

Sponsors

Sen. Muskie, Edmund S. [D-ME], Sen. Mansfield, Mike [D-MT], Sen. Byrd, Robert C. [D-WV], Sen. Stevenson, Adlai E., III [D-IL], Sen. Johnston, J. Bennett [D-LA], Sen. Hathaway, William D. [D-ME], Sen. Javits, Jacob K. [R-NY], Sen. Mondale, Walter F. [D-MN], Sen. Biden, Joseph R., Jr. [D-DE], Sen. Hart, Philip A. [D-MI], Sen. Haskell, Floyd K. [D-CO], Sen. Humphrey, Hubert H. [D-MN], Sen. Huddleston, Walter (Dee) [D-KY], Sen. Stafford, Robert T. [R-VT], Sen. Cannon, Howard W. [D-NV], Sen. Symington, Stuart [D-MO], Sen. Chiles, Lawton [D-FL], Sen. Kennedy, Edward M. [D-MA], Sen. McGovern, George [D-SD], Sen. Randolph, Jennings [D-WV], Sen. McGee, Gale W. [D-WY], Sen. Ribicoff, Abraham A. [D-CT]

Subjects

Discovery layer

Source updated

3 September 2025

Official sourceView documentsShare

Summary

Cost of Living Act - Specifies the techniques and methods to be used by the President to monitor public and private economic activity in order to constrain domestic inflation. States that the President may, for the purpose of carrying out this Act, require the keeping of records, the making of reports and inspections, and the taking of sworn testimony as may be necessary or appropriate to obtain information crucial to achieving the purposes of this Act. Specifies information which the President shall not be entitled to request. Provides that the President may establish a board or commission of specified composition, along with advisory committees, to carry out the purposes of this Act. States that experts and consultants may be employed for the performance of functions under this Act. Requires the President, in carrying out his authority under this Act, to study and evaluate the relationship between excess profits, the stabilization of the economy, and the creation of new jobs. Authorizes the appropriation of funds to carry out the provisions of this Act. States that this Act shall become effective on May 1, 1974, and expire on April 30, 1975. Stipulates that nothing in this Act shall be construed to alter the Emergency Petroleum Allocation Act.

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

Timeline

  1. 11 April 1974

    Introduced

    Referred to Senate Committee on Banking, Housing and Urban Affairs.

    Source: IntroReferral

  2. 11 April 1974

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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