H.Res. 468

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

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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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