I 
118TH CONGRESS 
1ST SESSION H. R. 3640 
To amend the Congressional Budget and Impoundment Control Act of 1974 
to require the Congressional Budget Office to provide an inflation esti-
mate with respect to direct spending legislation with a significant impact 
on the Gross Domestic Product of the United States, and for other 
purposes. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 24, 2023 
Mrs. HINSON (for herself, Mr. NICKEL, Mr. FINSTAD, and Mr. CUELLAR) in-
troduced 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 consider-
ation of such provisions as fall within the jurisdiction of the committee 
concerned 
A BILL 
To amend the Congressional Budget and Impoundment Con-
trol Act of 1974 to require the Congressional Budget 
Office to provide an inflation estimate with respect to 
direct spending legislation with a significant impact on 
the Gross Domestic Product of the United States, and 
for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
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SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Informed Lawmaking 
to Combat Inflation Act’’. 
SEC. 2. LEGISLATIVE MANDATED INFLATION ACCOUNT-
ABILITY AND REFORM. 
(a) IN GENERAL.—Part A of title IV of the Congres-
sional Budget and Impoundment Control Act of 1974 is 
amended by adding at the end the following: 
‘‘MANDATORY INFLATION FORECASTING 
‘‘SEC. 407. (a) DEFINITIONS.—In this section— 
‘‘(1) the term ‘Director’ means the Director of the 
Congressional Budget Office; and 
‘‘(2) the term ‘major legislation’ means any bill or 
joint resolution, or amendment thereto or conference re-
port thereon, that provides for direct spending and would 
be projected (in a conventional cost estimate) to cause an 
annual gross budgetary effect of at least 0.25 percent of 
projected Gross Domestic Product of the United States, 
but does not include any such measure that— 
‘‘(A) provides for emergency assistance or relief 
at the request of any State, local, or tribal govern-
ment or any official of a State, local, or tribal gov-
ernment; or 
‘‘(B) is necessary for the national security or 
the ratification or implementation of international 
treaty obligations. 
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‘‘(b) AGENCY ASSISTANCE.—Each department, agen-
cy, establishment, or regulatory agency or commission, 
shall provide to the Director such information and assist-
ance as the Director may reasonably request to assist the 
Director in carrying out this section. 
‘‘(c) MANDATORY INFLATION FORECASTING.— 
‘‘(1) SUBMISSION
OF
BILLS
TO
THE
DIREC-
TOR.—On the date that a committee of authoriza-
tion of the Senate or the House of Representatives 
orders reported major legislation, the committee 
shall promptly provide the legislation to the Director 
for the purpose of carrying out responsibilities de-
tailed in paragraph (2). 
‘‘(2) 
MANDATORY
REPORTING
ON
INFLA-
TIONARY FORECASTING.—For any major legislation 
provided to the Director under paragraph (1), the 
Director shall prepare and submit to the applicable 
committee a statement estimating the inflationary 
effects of the legislation, including whether the legis-
lation is determined to have no significant impact on 
inflation, is determined to have quantifiable infla-
tionary impact on the consumer price index, or is de-
termined likely to have a significant impact on infla-
tion but the amount cannot be determined at the 
time the estimate is prepared. 
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‘‘(3) AMENDED
BILLS
AND
JOINT
RESOLU-
TIONS; CONFERENCE REPORTS.—If a bill or joint 
resolution is passed in an amended form (including 
if passed by one House as an amendment in the na-
ture of a substitute for the text of a bill or joint res-
olution from the other House) or is reported by a 
committee of conference in amended form, and the 
amended form constitutes major legislation not pre-
viously considered by either House, then the chair of 
the committee that reported the bill or joint resolu-
tion or any other committee chair designated by the 
Speaker of the House of Representatives or the 
President pro tempore of the Senate (as the case 
may be), or the committee of conference, respec-
tively, shall ensure to the greatest extent practicable 
that the Director shall prepare a statement as pro-
vided in paragraph (2) or a supplemental statement 
for the bill or joint resolution in that amended form. 
‘‘(d) LEGISLATION SUBJECT TO POINT OF ORDER.— 
It shall not be in order in the Senate or the House of 
Representatives to consider any major legislation reported 
by a committee unless the committee has published a 
statement of the Director in accordance with this section. 
‘‘(e) PROVISIONS RELATING TO THE HOUSE OF REP-
RESENTATIVES.— 
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‘‘(1) ENFORCEMENT.—It shall not be in order 
in the House of Representatives to consider a rule 
or order that waives the application of subsection 
(d). 
‘‘(2) DISPOSITION OF POINTS OF ORDER.— 
‘‘(A) APPLICATION
TO
THE
HOUSE
OF 
REPRESENTATIVES.—This 
paragraph 
shall 
apply only to the House of Representatives. 
‘‘(B) THRESHOLD BURDEN.—In order to 
be cognizable by the Chair, a point of order 
under subsection (d) or paragraph (1) of this 
subsection must specify the precise language on 
which it is premised. 
‘‘(C) QUESTION OF CONSIDERATION.—As 
disposition of points of order under subsection 
(d) or paragraph (1) of this section, the Chair 
shall put the question of consideration with re-
spect to the proposition that is the subject of 
the points of order. 
‘‘(D) DEBATE
AND
INTERVENING
MO-
TIONS.—A question of consideration under this 
section shall be debatable for 10 minutes by 
each Member initiating a point of order and for 
10 minutes by an opponent on each point of 
order, but shall otherwise be decided without in-
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tervening motion except one that the House ad-
journ or that the Committee of the Whole rise, 
as the case may be. 
‘‘(E) EFFECT ON AMENDMENT IN ORDER 
AS
ORIGINAL
TEXT.—The disposition of the 
question of consideration under this subsection 
with respect to a bill or joint resolution shall be 
considered also to determine the question of 
consideration under this subsection with respect 
to an amendment made in order as original 
text.’’. 
(b) CLERICAL AMENDMENT.—The table of contents 
in section 1(b) of the Congressional Budget and Impound-
ment Control Act of 1974 is amended by inserting after 
the item relating to section 406 the following: 
‘‘Sec. 407. Mandatory inflation forecasting.’’. 
Æ 
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