HR 8658 · 117th Congress 2021–2023, ended

Emergency Price Stabilization Act of 2022

Introduced Aug 5, 2022 Originated House Sponsor Jamaal Bowman D-NY

Fact sheet Spreadsheet

Latest action · Aug 5, 2022 Referred to the House Committee on Financial Services.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedAug 5, 2022
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Emergency Price Stabilization Act of 2022

This bill creates the Sub-Task Force on Emergency Price Stabilization under the White House Supply Chains Disruption Task Force. The new task force must monitor the price of essential goods and services, investigate corporate price increases, make recommendations to the President, and report plans and research to the public.

The bill also grants the President the authority to enact or adjust price controls and regulations in accordance with these recommendations.

Cosponsors 19

Members who signed on, in the order they did. Signatures ran from Aug 5, 2022 to Aug 12, 2022; 18 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
D-NYAdriano EspaillatOriginalAug 5, 2022
D-NYAlexandria Ocasio-CortezOriginalAug 5, 2022
D-MAAyanna PressleyOriginalAug 5, 2022
D-CABarbara LeeOriginalAug 5, 2022
D-NJBonnie Watson ColemanOriginalAug 5, 2022
D-MOCori BushOriginalAug 5, 2022
D-ILDanny K. DavisOriginalAug 5, 2022
D-NJDonald M. Payne, Jr.OriginalAug 5, 2022
D-DCEleanor Holmes NortonOriginalAug 5, 2022
D-GAHenry C. "Hank" Johnson, Jr.OriginalAug 5, 2022
D-ILJanice D. SchakowskyOriginalAug 5, 2022
D-NYJerrold NadlerOriginalAug 5, 2022
D-ILJesús G. "Chuy" GarcíaOriginalAug 5, 2022
D-CAMark TakanoOriginalAug 5, 2022
D-NYMondaire JonesOriginalAug 5, 2022
D-MIRashida TlaibOriginalAug 5, 2022
D-AZRaúl M. GrijalvaOriginalAug 5, 2022
D-TNSteve CohenOriginalAug 5, 2022
D-MAJames P. McGovernAug 12, 2022

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseFinancial Services Committee
Referred Aug 5, 2022

Actions 2

Everything that happened, newest first.

  1. Aug 5, 2022Introduced in House
  2. Aug 5, 2022Referred to the House Committee on Financial Services.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

[Pages H7552-H7553] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] By Mr. BOWMAN: H.R. 8658. Congress has the power to enact this legislation pursuant to the following: Article I, Section 8, Clause 3

The sponsor’s statement, as printed in the Congressional Record, vol. 168, no. 132, August 5, 2022, page H7553.

CRS reports 1

Congressional Research Service work that CRS links to this bill or the law it became, newest first.

Cite it 1

Products on other subjects that cite it, usually among other measures.

ProductTitleKindPublished
R48213Marketing and Pricing in the U.S. Fruit and Vegetable Industry ArchivedReportOct 4, 2024

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To establish the Sub-Task Force on Emergency Price Stabilization, and for other purposes.
Short Title(s) as Introduced
Emergency Price Stabilization Act of 2022

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 1

Each version as it was printed, newest first.

  1. Aug 5, 2022Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.