,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #gihe  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,june #h1 #bjbb,mrs4  
,murphy ( ,florida introduc$ ! foll[+   
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to require !
 ,secret>y ( ! ,treasury to submit a    
report on ! inflation>y impact ( c]ta9  
t>iffs1 & = o!r purposes4  #a4 ,%ort    
title ,?is ,act may be cit$ z ! ,repeal 
,t>iffs to ,r$uce ,inflation ,act (     
#bjbb4  #b4 ,inflation>y impact report  
7a7 ,9 g5]al ,n lat] ?an #fj days aft] !
 date ( ! enactm5t ( ?is ,act1 !        
,secret>y ( ! ,treasury1 9 coord9ation )
 ! ,unit$ ,/ates ,trade ,repres5tative1 
! ,secret>y ( ,comm]ce1 & !             
,int]national ,trade ,commission1 & 9   
consultation ) ! heads ( o!r relevant   
,f$]al dep>tm5ts & ag5cies1 %all submit 
to ! ,committee on ,ways & ,means ( !   
,h\se ( ,repres5tatives & ! ,committee  
on ,f9ance ( ! ,s5ate a report on !     
inflation>y impact ( *anges to ! t>iff  
rates appli$ to articles import$ into ! 

,unit$ ,/ates & ( o!r ,unit$ ,/ates     
trade re/rictions impos$ dur+ ! p]iod   
beg9n+ on ,janu>y #a1 #bjah1 & end+ on !
 date ( ! enactm5t ( ?is ,act1 includ+  
due to ! expiration ( pref]5tial trade  
programs dur+ su* p]iod4 ,! report %all 
specifically include ! assessm5t ( !    
,secret>y ( ! ,treasury ( ! inflation>y 
impact dur+ su* p]iod ( ! foll[+3 7#a7  
,t>iffs & o!r trade re/rictions impos$  
pursuant to ! au?ority provid$ by       
section #cja ( ! ,trade ,act ( #aigd    
7#ai ,u4,s4,c4 #bdaa74  7#b7 ,t>iffs &  
o!r trade re/rictions impos$ pursuant to
 section #bja ( ! ,trade ,act ( #aigd   
7#ai ,u4,s4,c4 #bbea74  7#c7 ,t>iffs &  
o!r trade re/rictions impos$ pursuant to
 section #bcb ( ! ,trade ,expansion ,act
 ( #aifb 7#ai ,u4,s4,c4 #ahfb74  7#d7 ,!
 expiration ( ! ,g5]aliz$ ,sy/em (      
,pref]5ces program on ,decemb] #ca1     
#bjbj 7au?oriz$ "u #ai ,u4,s4,c4 #bdfa  
et seq474  7b7 ,basis = impact model+ ,!
 e/imates ( inflation>y impacts includ$ 
9 ! report requir$ by subsection 7a7    

%\ld reflect bo?-- 7#a7 ! direct impact 
( t>iffs & o!r trade re/rictions on !   
l&$ co/ ( import$ m]*&ise2 &  7#b7 !    
competitive impact ( t>iffs & o!r trade 
re/rictions on ! price ( dome/ic m]*&ise
 t c sub/itute = imports4