H.R. 8369: Reduce Exacerbated Inflation Negatively Impacting the Nation Act

117th Congress · introduced 2022-07-13 · Economics and Public Finance · Latest: Referred to the House Committee on Oversight and Reform.

federal

Follow this bill, step by step

Where it came from: introduced 2022-07-13 · official record
Who proposed it: Rep. Stefanik, Elise M. [R-NY-21] · what a sponsor is
What happened next: no floor votes in our records yet. Why?
Where it stands now: Referred to the House Committee on Oversight and Reform. Not final yet: this can still change. We check for updates every day.
If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

Plain summary

Reduce Exacerbated Inflation Negatively Impacting the Nation Act This bill requires the Office of Management and Budget and the Council of Economic Advisers to provide an inflation estimate for each executive order that is projected to cause an annual gross budgetary effect of at least $1 billion. The estimate must determine whether the executive order will have no significant impact on inflation, a quantifiable inflationary impact on the consumer price index, or a significant impact on inflation that cannot be quantified at the time the estimate is prepared. The requirement does not apply to executive orders that (1) provide for emergency assistance or relief at the request of any state or local government or an official of the government, or (2) are necessary for national security or the ratification or implementation of international treaty obligations.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

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If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Reduce Exacerbated Inflation Negatively Impacting the Nation Act

Source: Congressional Research Service summary (Introduced in House)

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Stefanik, Elise M. [R-NY-21] · 10 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Jason Smith (R-MO), Andy Barr (R-KY), Byron Donalds (R-FL), Robert J. Wittman (R-VA), Bryan Steil (R-WI), Tim Walberg (R-MI), Lloyd Smucker (R-PA), Brian Babin (R-TX)

Sponsor's campaign money: Rep. Stefanik, Elise M. [R-NY-21] reported raising $5.0 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (3)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
Obligation: A binding promise by a government agency to pay money, for example by signing a contract or awarding a grant. Spending data such as USAspending.gov counts money when it is obligated, which can be before it is actually paid out.
Securities: Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Congressional Research Service summary (Introduced in House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-117hr8369.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/117/hr>

Record fed-us-cong117-hr8369 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117