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HR347: Reduce Exacerbated Inflation Negatively Impacting the Nation Act (118th Congress)
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HR347: Reduce Exacerbated Inflation Negatively Impacting the Nation Act

118th Congress (2023–2025) · House bill · Sponsor: Rep. Stefanik, Elise M. [R-NY-21]

This page covers HR347 in the 118th Congress. Bill numbers start over every Congress, so HR347 in another Congress is a different bill.


Key facts

Item Detail
Roll-call votes 1
Chamber House
Latest vote 2023-03-01: Passed
Latest action 2023-03-06: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 23.
Policy area Economics and Public Finance
Official record Congress.gov

What the bill does

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 or economic effect of at least $1 million. 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 the Producer Price Index, or a significant impact on inflation that cannot be quantified at the time the estimate is prepared. The estimate must also (1) incorporate the inflationary impact of the debt servicing costs associated with the executive order; and (2) take into account the spending patterns of military personnel and of residents of non-metropolitan areas, including rural areas and farm households. The requirements do 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.

Subjects: Budget process, Congressional oversight, Congressional-executive branch relations, Government information and archives, Government studies and investigations, Inflation and prices, Presidents and presidential powers, Vice Presidents


Roll-call votes on HR347 (118th Congress)

Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.

Date Chamber Question Result Yea Nay Not voting Record
2023-03-01 House Recorded Vote Passed 224 128 10 Official tally

Frequently asked

What is HR347 in the 118th Congress?

HR347 (Reduce Exacerbated Inflation Negatively Impacting the Nation Act) was introduced in the 118th Congress (2023–2025) by Rep. Stefanik, Elise M. [R-NY-21].

What is the latest action on HR347?

On 2023-03-06: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 23.

How many roll-call votes were held on HR347?

1 recorded vote in the 118th Congress. The most recent, on 2023-03-01, was "Recorded Vote": Passed.