,i #aag? ,,congress #b;d ,session ,h4 ,r4 #ffbi ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,febru>y #g1 #bjbb,mr4 ,katko 7= himself1 ,mrs4 ,murphy ( ,florida1 ,mrs4 ,h9son1 & ,mr4 ,s*rad]7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,rules1 & 9 addition to ! ,committee on ! ,budget1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to am5d ! ,congressional ,budget & ,imp\ndm5t ,control ,act ( #aigd to require ! ,congressional ,budget ,(fice to provide an inflation e/imate ) respect to legislation ) a significant impact on ! ,gross ,dome/ic ,product ( ! ,unit$ ,/ates1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,in=m$ ,lawmak+ to ,combat ,inflation ,act4 #b4 ,legislative m&at$ inflation acc\ntability & re=m 7a7 ,9 g5]al ,"p ,a ( title ,,iv ( ! ,congressional ,budget & ,imp\ndm5t ,control ,act ( #aigd is am5d$ by add+ at ! end ! foll[+3 #djg4 ,m&atory inflation =eca/+ 7a7 ,def9itions ,9 ?is section-- 7#a7 ! t]m ,director means ! ,director ( ! ,congressional ,budget ,(fice2 & 7#b7 ! t]m major legislation means any bill or jo9t resolution1 or am5dm5t !reto or conf]5ce report !reon1 t w\ld be project$ 79 a conv5tional co/ e/imate7 to cause an annual gross budget>y effect ( at lea/ #j4be p]c5t ( project$ ,gross ,dome/ic ,product ( ! ,unit$ ,/ates1 b does n include any su* measure t-- 7,a7 provides = em]g5cy assi/ance or relief at ! reque/ ( any ,/ate1 local1 or tribal gov]nm5t or any (ficial ( a ,/ate1 local1 or tribal gov]nm5t2 or 7,b7 is necess>y = ! national security or ! ratification or implem5tation ( int]national treaty obligations4 7b7 ,ag5cy assi/ance ,ea* dep>tm5t1 ag5cy1 e/abli%m5t1 or regulatory ag5cy or commission1 %all provide to ! ,director su* in=mation & assi/ance z ! ,director may reasonably reque/ to assi/ ! ,director 9 c>ry+ out ?is section4 7c7 ,m&atory inflation =eca/+ 7#a7 ,submission ( bills to ! director ,on ! date t a committee ( au?orization ( ! ,s5ate or ! ,h\se ( ,repres5tatives ord]s report$ major legislation1 ! committee %all promptly provide ! legislation to ! ,director = ! purpose ( c>ry+ out responsibilities detail$ 9 p>agraph 7#b74 7#b7 ,m&atory report+ on inflation>y =eca/+ ,= any major legislation provid$ to ! ,director "u p>agraph 7#a71 ! ,director %all prep>e & submit to ! applicable committee a /atem5t e/imat+ ! inflation>y effects ( ! legislation1 includ+ :e!r ! legislation is det]m9$ to h no significant impact on inflation1 is det]m9$ to h quantifiable inflation>y impact on ! consum] price index1 or is det]m9$ likely to h a significant impact on inflation b ! am\nt _c be det]m9$ at ! "t ! e/imate is prep>$4 7#c7 ,am5d$ bills & jo9t resolutions2 conf]5ce reports ,if a bill or jo9t resolution is pass$ 9 an am5d$ =m 7includ+ if pass$ by "o ,h\se z an am5dm5t 9 ! nature ( a sub/itute = ! text ( a bill or jo9t resolution f ! o!r ,h\se7 or is report$ by a committee ( conf]5ce 9 am5d$ =m1 & ! am5d$ =m con/itutes major legislation n previ\sly consid]$ by ei!r ,h\se1 !n ! *air ( ! committee t report$ ! bill or jo9t resolution or any o!r committee *air designat$ by ! ,speak] ( ! ,h\se ( ,repres5tatives or ! ,presid5t pro tempore ( ! ,s5ate 7z ! case may be71 or ! committee ( conf]5ce1 respectively1 %all ensure to ! greate/ ext5t practicable t ! ,director %all prep>e a /atem5t z provid$ 9 p>agraph 7#b7 or a supplem5tal /atem5t = ! bill or jo9t resolution 9 t am5d$ =m4 7d7 ,legislation subject to po9t ( ord] ,x %all n be 9 ord] 9 ! ,s5ate or ! ,h\se ( ,repres5tatives to consid] any major legislation report$ by a committee unless ! committee has publi%$ a /atem5t ( ! ,director 9 accordance ) ?is section4 7e7 ,provisions relat+ to ! ,h\se ( ,repres5tatives 7#a7 ,en=cem5t ,x %all n be 9 ord] 9 ! ,h\se ( ,repres5tatives to consid] a rule or ord] t waives ! application ( subsection 7d74 7#b7 ,disposition ( po9ts ( ord] 7,a7 ,application to ! h\se ( repres5tatives ,?is p>agraph %all apply only to ! ,h\se ( ,repres5tatives4 7,b7 ,?re%old burd5 ,9 ord] to be cognizable by ! ,*air1 a po9t ( ord] "u subsection 7d7 or p>agraph 7#a7 ( ?is subsection mu/ specify ! precise language on :i* x is premis$4 7,c7 ,"q ( consid]ation ,z disposition ( po9ts ( ord] "u subsection 7d7 or p>agraph 7#a7 ( ?is section1 ! ,*air %all put ! "q ( consid]ation ) respect to ! proposition t is ! subject ( ! po9ts ( ord]4 7,d7 ,debate & int]v5+ motions ,a "q ( consid]ation "u ?is section %all be debatable = #aj m9utes by ea* ,memb] initiat+ a po9t ( ord] & = #aj m9utes by an oppon5t on ea* po9t ( ord]1 b %all o!rwise be decid$ )\t int]v5+ motion except "o t ! ,h\se adj\rn or t ! ,committee ( ! ,:ole rise1 z ! case may be4 7,e7 ,effect on am5dm5t 9 ord] z orig9al text ,! disposition ( ! "q ( consid]ation "u ?is subsection ) respect to a bill or jo9t resolution %all be consid]$ also to det]m9e ! "q ( consid]ation "u ?is subsection ) respect to an am5dm5t made 9 ord] z orig9al text4 4 7b7 ,cl]ical am5dm5t ,! table ( cont5ts 9 section #a7;b7 ( ! ,congressional ,budget & ,imp\ndm5t ,control ,act ( #aigd is am5d$ by ins]t+ aft] ! item relat+ to section #djf ! foll[+3 ,sec4 #djg4 ,m&atory inflation =eca/+4 4