Bill
Bill > S4598
summary
Introduced
07/21/2022
07/21/2022
In Committee
07/21/2022
07/21/2022
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To require the Executive Office of the President to provide an inflation estimate with respect to executive orders with a significant effect on the annual gross budget, and for other purposes.
AI Summary
This bill, the Reduce Exacerbated Inflation Negatively Impacting the Nation Act, requires the President, acting through the Director of the Office of Management and Budget (OMB) and the Chair of the Council of Economic Advisers, to prepare and consider a statement estimating the inflationary effects of any major executive order, defined as an order that would be projected to cause an annual gross budgetary effect of at least $1 billion. The bill requires the President to submit an annual report to Congress containing these inflation estimates. The bill also requires agencies to provide the necessary information and assistance to the President in carrying out these provisions.
Committee Categories
Military Affairs and Security
Sponsors (2)
Last Action
Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (on 07/21/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/4598/all-info |
| BillText | https://www.congress.gov/117/bills/s4598/BILLS-117s4598is.pdf |
| Bill | https://www.congress.gov/117/bills/s4598/BILLS-117s4598is.pdf.pdf |
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