Bill Sponsor
BILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 347
118th Congress(2023-2024)
Reduce Exacerbated Inflation Negatively Impacting the Nation Act
Active
Amendments
Active
Passed House on Mar 1, 2023
Overview
Text
Introduced
Jan 12, 2023
Latest Action
Mar 6, 2023
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
347
Congress
118
Policy Area
Economics and Public Finance
Economics and Public Finance
Primary focus of measure is budgetary matters such as appropriations, public debt, the budget process, government lending, government accounts and trust funds; monetary policy and inflation; economic development, performance, and economic theory.
Sponsorship by Party
Republican
Elise Stefanik
New York
Republican
Lauren Boebert
Colorado
Republican
Buddy Carter
Georgia
Republican
Richard McCormick
Georgia
Republican
Erin Houchin
Indiana
Republican
Jim Banks
Indiana
Republican
Victoria Spartz
Indiana
Republican
Randy Feenstra
Iowa
Republican
Tracey Mann
Kansas
Republican
James Comer
Kentucky
Republican
Brad Finstad
Minnesota
Republican
Jason Smith
Missouri
Republican
Jeff Van Drew
New Jersey
Republican
George Santos
New York
Republican
Nicholas A. Langworthy
New York
Republican
Patrick McHenry
North Carolina
Republican
Stephanie Bice
Oklahoma
Republican
John Rose
Tennessee
Republican
Kay Granger
Texas
Republican
Pete Sessions
Texas
Republican
Rob Wittman
Virginia
Republican
Bryan Steil
Wisconsin
House Votes (1)
Senate Votes (0)
checkPassed on March 1, 2023
Question
On Passage
Status
Passed
Type
Roll Call Vote
Roll Call Vote
A vote that records the individual position of each Member who voted. Such votes occurring on the House floor (by the "yeas and nays" or by "recorded vote") are taken by electronic device. The Senate has no electronic voting system; in such votes, Senators answer "yea" or "nay" as the clerk calls each name aloud. Each vote is compiled by clerks and receives a roll call number (referenced in Congress.gov as a "Record Vote" [Senate] or "Roll no." [House]).
Roll Call Type
Recorded Vote
Roll Number
131
House Roll Call Votes
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.

Text (3)
Placed on Calendar Senate
March 6, 2023
Engrossed in House
March 1, 2023
Introduced in House
January 12, 2023
Related Bills (2)