H.Res. 468House117th Congress (2021-2023)In Committee

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

Sponsored by Jim BanksRep. Jim Banks (R-IN)
Introduced June 11, 2021

AI-Generated Summary

Updated February 8, 2026 at 4:10 AM UTC

This resolution amends the House Rules to require that every committee report include a detailed analysis of any inflationary impact that the bill’s budget authority, outlays, or revenue might have on the national economy. The analysis must also note how such inflation could affect the purchasing power of low‑ and middle‑income families. It applies to all committees and any bill or joint resolution they consider.

Key Provisions

  • Adds a new subparagraph to Rule XIII, clause 3(d), mandating that committee reports contain a detailed analytical statement on whether and how the legislation could cause inflationary effects on prices and costs, and the impact on low and middle‑income families.

Legislative Activity

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HouseIntro Referral Latest Action

Referred to the House Committee on Rules.

June 11, 2021

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HouseIntro Referral

Introduced in House

June 11, 2021

HouseIntro Referral

Referred to the House Committee on Rules.

June 11, 2021

Bill Text

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Introduced in HouseIssued June 11, 2021

IV

117th CONGRESS

1st Session

H. RES. 468

IN THE HOUSE OF REPRESENTATIVES

June 11, 2021

Mr. Banks (for himself, 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, Mr. Davidson, Mr. Budd, Ms. Salazar, Mr. Bishop of North Carolina, Mr. Roy, Mrs. Spartz, Mrs. Greene of Georgia, Mrs. Cammack, and Mr. Steil) 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.

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 affect the purchasing power of low and middle income families.

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