I 118THCONGRESS 1 STSESSION H. R. 252 To create a point of order against spending that will increase inflation unless inflation is not greater than 4.5 percent, and for other purposes. IN THE HOUSE OF REPRESENTATIVES JANUARY10, 2023 Mr. M IKEGARCIAof California (for himself, Mr. WALBERG, Mr. LATURNER, Mrs. K IMof California, Mr. MOOREof Alabama, Mr. HUIZENGA, and Mr. G ROTHMAN) introduced the following bill; which was referred to the Com- mittee 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 com- mittee concerned A BILL To create a point of order against spending that will increase inflation unless inflation is not greater than 4.5 percent, and for other purposes. Be it enacted by the Senate and House of Representa-1 tives of the United States of America in Congress assembled, 2 SECTION 1. SHORT TITLE. 3 This Act may be cited as the ‘‘Inflation Prevention 4 Act of 2023’’. 5 VerDate Sep 11 2014 04:46 Jan 20, 2023 Jkt 039200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H252.IH H252 kjohnson on DSK79L0C42PROD with BILLS 2 •HR 252 IH SEC. 2. POINT OF ORDER AGAINST SPENDING THAT WILL 1 INCREASE INFLATION UNTIL INFLATION IS 2 NOT GREATER THAN 4.5 PERCENT. 3 (a) P OINT OFORDER IN THESENATE.— 4 (1) I N GENERAL.—In the Senate, it shall not be 5 in order to consider a provision in a bill, joint resolu-6 tion, motion, amendment, amendment between the 7 Houses, or conference report that provides new 8 budget authority and that is estimated to result in 9 an increase in the Consumer Price Index for All 10 Urban Consumers, as published by the Bureau of 11 Labor Statistics, unless the annualized rate of in-12 crease in the Consumer Price Index for All Urban 13 Consumers most recently published by the Bureau of 14 Labor Statistics is not more than 4.5 percent. 15 (2) P OINT OF ORDER SUSTAINED .—If a point 16 of order is made by a Senator against a provision 17 described in paragraph (1), and the point of order 18 is sustained by the Chair, that provision shall be 19 stricken from the measure and may not be offered 20 as an amendment from the floor. 21 (3) F ORM OF THE POINT OF ORDER .—A point 22 of order under subsection (a)(1) may be raised by a 23 Senator as provided in section 313(e) of the Con-24 gressional Budget Act of 1974 (2 U.S.C. 644(e)). 25 VerDate Sep 11 2014 04:46 Jan 20, 2023 Jkt 039200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H252.IH H252 kjohnson on DSK79L0C42PROD with BILLS 3 •HR 252 IH (4) CONFERENCE REPORTS .—When the Senate 1 is considering a conference report on, or an amend-2 ment between the Houses in relation to, a bill or 3 joint resolution, upon a point of order being made 4 by any Senator pursuant to subsection (a)(1), and 5 such point of order being sustained, such material 6 contained in such conference report or House 7 amendment shall be stricken, and the Senate shall 8 proceed to consider the question of whether the Sen-9 ate shall recede from its amendment and concur 10 with a further amendment, or concur in the House 11 amendment with a further amendment, as the case 12 may be, which further amendment shall consist of 13 only that portion of the conference report or House 14 amendment, as the case may be, not so stricken. 15 Any such motion in the Senate shall be debatable. 16 In any case in which such point of order is sustained 17 against a conference report (or Senate amendment 18 derived from such conference report by operation of 19 this paragraph), no further amendment shall be in 20 order. 21 (5) S UPERMAJORITY WAIVER AND APPEAL .—In 22 the Senate, this subsection may be waived or sus-23 pended only by an affirmative vote of three-fifths of 24 the Members, duly chose and sworn. An affirmative 25 VerDate Sep 11 2014 04:46 Jan 20, 2023 Jkt 039200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6201 E:\BILLS\H252.IH H252 kjohnson on DSK79L0C42PROD with BILLS 4 •HR 252 IH vote of three-fifths of Members of the Senate, duly 1 chosen and sworn shall be required to sustain an ap-2 peal of the ruling of the Chair on a point of order 3 raised under this subsection. 4 (b) P OINT OFORDER IN THE HOUSE OFREP-5 RESENTATIVES.—In the House of Representatives, it shall 6 not be in order to consider a bill, joint resolution, motion, 7 amendment, amendment between the Houses, or con-8 ference report that provides new budget authority and 9 that is estimated to result in an increase in the Consumer 10 Price Index for All Urban Consumers, as published by the 11 Bureau of Labor Statistics, unless the annualized rate of 12 increase in the Consumer Price Index for All Urban Con-13 sumers most recently published by the Bureau of Labor 14 Statistics is not more than 4.5 percent. 15 (c) D ETERMINATION OF EFFECT ONINFLATION.— 16 (1) P ROVISION OF ESTIMATES .—Upon request 17 by a Member of Congress, the Congressional Budget 18 Office shall prepare an estimate of the effect on the 19 Consumer Price Index for All Urban Consumers of 20 the provisions in a bill, joint resolution, motion, 21 amendment, amendment between the Houses, or 22 conference report that provide new budget authority. 23 (2) I N GENERAL.—The estimated amount of 24 the increase in the Consumer Price Index for All 25 VerDate Sep 11 2014 04:46 Jan 20, 2023 Jkt 039200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\H252.IH H252 kjohnson on DSK79L0C42PROD with BILLS 5 •HR 252 IH Urban Consumers, if any, for purposes of this sec-1 tion shall be determined based on estimates pre-2 pared by the Congressional Budget Office. 3 SEC. 3. CBO NOTIFICATION TO CONGRESS. 4 (a) I NGENERAL.—The Congressional Budget Office 5 shall notify Congress if the annualized rate of increase in 6 the Consumer Price Index for All Urban Consumers is 7 greater than 4.5 percent. 8 (b) S UBMISSION.—The Congressional Budget Office 9 may submit the certification required under subsection (a) 10 as part of another report required to be submitted to Con-11 gress. 12 Æ VerDate Sep 11 2014 04:46 Jan 20, 2023 Jkt 039200 PO 00000 Frm 00005 Fmt 6652 Sfmt 6301 E:\BILLS\H252.IH H252 kjohnson on DSK79L0C42PROD with BILLS