I 

117TH CONGRESS 

2D SESSION H. R. 6629 

To amend the Congressional Budget and Impoundment Control Act of 1974 

to require the Congressional Budget Office to provide an inflation estimate with respect to legislation with a significant impact on the Gross 

Domestic Product of the United States, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

FEBRUARY 7, 2022 

Mr. KATKO (for himself, Mrs. MURPHY of Florida, Mrs. HINSON, and Mr. 

SCHRADER) introduced the following bill; which was referred to the Committee on Rules, and in addition to the Committee on the Budget, for 

a period to be subsequently determined by the Speaker, in each case for 

consideration of such provisions as fall within the jurisdiction of the committee concerned 

A BILL 

To amend the Congressional Budget and Impoundment Control Act of 1974 to require the Congressional Budget 

Office to provide an inflation estimate with respect to 

legislation with a significant impact on the Gross Domestic Product of the United States, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Informed Lawmaking 

5 to Combat Inflation Act’’. 


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1 SEC. 2. LEGISLATIVE MANDATED INFLATION ACCOUNT2 ABILITY AND REFORM. 

3 (a) IN GENERAL.—Part A of title IV of the Congres4 sional Budget and Impoundment Control Act of 1974 is 

5 amended by adding at the end the following: 

6 ‘‘MANDATORY INFLATION FORECASTING

7 ‘‘SEC. 407. (a) DEFINITIONS.—In this section— 

8 ‘‘(1) the term ‘Director’ means the Director of the 

9 Congressional Budget Office; and 

10 ‘‘(2) the term ‘major legislation’ means any bill or 

11 joint resolution, or amendment thereto or conference re12 port thereon, that would be projected (in a conventional 

13 cost estimate) to cause an annual gross budgetary effect 

14 of at least 0.25 percent of projected Gross Domestic Prod15 uct of the United States, but does not include any such 

16 measure that— 

17 ‘‘(A) provides for emergency assistance or relief 

18 at the request of any State, local, or tribal govern19 ment or any official of a State, local, or tribal gov20 ernment; or 

21 ‘‘(B) is necessary for the national security or 

22 the ratification or implementation of international 

23 treaty obligations. 

24 ‘‘(b) AGENCY ASSISTANCE.—Each department, agen25 cy, establishment, or regulatory agency or commission, 

26 shall provide to the Director such information and assistVerDate Sep 11 2014 03:31 Feb 10, 2022 Jkt 029200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H6629.IH H6629

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1 ance as the Director may reasonably request to assist the 

2 Director in carrying out this section. 

3 ‘‘(c) MANDATORY INFLATION FORECASTING.— 

4 ‘‘(1) SUBMISSION OF BILLS TO THE DIREC5 TOR.—On the date that a committee of authoriza6 tion of the Senate or the House of Representatives 

7 orders reported major legislation, the committee 

8 shall promptly provide the legislation to the Director 

9 for the purpose of carrying out responsibilities de10 tailed in paragraph (2). 

11 ‘‘(2) MANDATORY REPORTING ON INFLA12 TIONARY FORECASTING.—For any major legislation 

13 provided to the Director under paragraph (1), the 

14 Director shall prepare and submit to the applicable 

15 committee a statement estimating the inflationary 

16 effects of the legislation, including whether the legis17 lation is determined to have no significant impact on 

18 inflation, is determined to have quantifiable infla19 tionary impact on the consumer price index, or is de20 termined likely to have a significant impact on infla21 tion but the amount cannot be determined at the 

22 time the estimate is prepared. 

23 ‘‘(3) AMENDED BILLS AND JOINT RESOLU24 TIONS; CONFERENCE REPORTS.—If a bill or joint 

25 resolution is passed in an amended form (including 


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1 if passed by one House as an amendment in the na2 ture of a substitute for the text of a bill or joint res3 olution from the other House) or is reported by a 

4 committee of conference in amended form, and the 

5 amended form constitutes major legislation not pre6 viously considered by either House, then the chair of 

7 the committee that reported the bill or joint resolu8 tion or any other committee chair designated by the 

9 Speaker of the House of Representatives or the 

10 President pro tempore of the Senate (as the case 

11 may be), or the committee of conference, respec12 tively, shall ensure to the greatest extent practicable 

13 that the Director shall prepare a statement as pro14 vided in paragraph (2) or a supplemental statement 

15 for the bill or joint resolution in that amended form. 

16 ‘‘(d) LEGISLATION SUBJECT TO POINT OF ORDER.— 

17 It shall not be in order in the Senate or the House of 

18 Representatives to consider any major legislation reported 

19 by a committee unless the committee has published a 

20 statement of the Director in accordance with this section. 

21 ‘‘(e) PROVISIONS RELATING TO THE HOUSE OF REP22 RESENTATIVES.— 

23 ‘‘(1) ENFORCEMENT.—It shall not be in order 

24 in the House of Representatives to consider a rule 


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1 or order that waives the application of subsection 

2 (d). 

3 ‘‘(2) DISPOSITION OF POINTS OF ORDER.— 

4 ‘‘(A) APPLICATION TO THE HOUSE OF

5 REPRESENTATIVES.—This paragraph shall 

6 apply only to the House of Representatives. 

7 ‘‘(B) THRESHOLD BURDEN.—In order to 

8 be cognizable by the Chair, a point of order 

9 under subsection (d) or paragraph (1) of this 

10 subsection must specify the precise language on 

11 which it is premised. 

12 ‘‘(C) QUESTION OF CONSIDERATION.—As 

13 disposition of points of order under subsection 

14 (d) or paragraph (1) of this section, the Chair 

15 shall put the question of consideration with re16 spect to the proposition that is the subject of 

17 the points of order. 

18 ‘‘(D) DEBATE AND INTERVENING MO19 TIONS.—A question of consideration under this 

20 section shall be debatable for 10 minutes by 

21 each Member initiating a point of order and for 

22 10 minutes by an opponent on each point of 

23 order, but shall otherwise be decided without in24 tervening motion except one that the House adVerDate Sep 11 2014 03:31 Feb 10, 2022 Jkt 029200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6201 E:\BILLS\H6629.IH H6629

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1 journ or that the Committee of the Whole rise, 

2 as the case may be. 

3 ‘‘(E) EFFECT ON AMENDMENT IN ORDER

4 AS ORIGINAL TEXT.—The disposition of the 

5 question of consideration under this subsection 

6 with respect to a bill or joint resolution shall be 

7 considered also to determine the question of 

8 consideration under this subsection with respect 

9 to an amendment made in order as original 

10 text.’’. 

11 (b) CLERICAL AMENDMENT.—The table of contents 

12 in section 1(b) of the Congressional Budget and Impound13 ment Control Act of 1974 is amended by inserting after 

14 the item relating to section 406 the following: 

‘‘Sec. 407. Mandatory inflation forecasting.’’. 

Æ 


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