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

IV 117TH CONGRESS 1ST SESSION H. RES. 492 Amending the Rules of the House of Representatives to require inflationary impact statements in committee reports. IN THE HOUSE OF REPRESENTATIVES JUNE 23, 2021 Mr. BANKS (for himself, Mr. BUDD, Ms. SALAZAR, Mr. BISHOP of North Carolina, Mr. ROY, Mrs. SPARTZ, Mrs. GREENE of Georgia, Mrs. CAMMACK, Mr. BIGGS, Mr. CRENSHAW, Mr. STEIL, 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, and Mr. DAVIDSON) 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. Resolved, That clause 3(d) of rule XIII of the Rules 1 of the House of Representatives is amended by adding at 2 the end the following new subparagraph: 3 ‘‘(3) A detailed analytical statement as to 4 whether, and the extent to which, the increased 5 budget authority, outlays, or revenue produced by 6 the enactment of such bill or joint resolution into 7 VerDate Sep 11 2014 00:32 Jun 24, 2021 Jkt 019200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\HR492.IH HR492 kjohnson on DSK79L0C42PROD with BILLS 2 •HRES 492 IH law may have an inflationary impact on prices and 1 costs in the operation of the national economy. Such 2 statement shall also include whether, and the extent 3 to which, the inflationary impact would effect the 4 purchasing power of low- and middle-income fami- 5 lies.’’. 6 Æ VerDate Sep 11 2014 01:16 Jun 24, 2021 Jkt 019200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6301 E:\BILLS\HR492.IH HR492 kjohnson on DSK79L0C42PROD with BILLS