H.R.347 — Reduce Exacerbated Inflation Negatively Impacting the Nation Act
House Roll Call
H.R.347
| Bill | H.R.347 — Reduce Exacerbated Inflation Negatively Impacting the Nation Act |
|---|---|
| Vote question | On Agreeing to the Amendment |
| Vote type | Recorded Vote |
| Result | Agreed to |
| Totals | Yea 364 / Nay 56 / Present 0 / Not Voting 19 |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| R | 160 | 56 | 0 | 8 |
| D | 204 | 0 | 0 | 11 |
| I | 0 | 0 | 0 | 0 |
Research Brief
On Agreeing to the Amendment
Bill Analysis
Bill Summary: HR 347 - Reduce Exacerbated Inflation Negatively Impacting the Nation Act
The Reduce Exacerbated Inflation Negatively Impacting the Nation Act (HR 347) aims to address inflationary pressures that have significantly affected the U.S. economy. The bill seeks to implement measures designed to stabilize prices and alleviate the financial burden on consumers and businesses.
Key Provisions: HR 347 proposes a series of fiscal and regulatory reforms intended to mitigate inflation. These include:
Temporary Price Controls: The bill authorizes the Department of Commerce to establish temporary price controls on essential goods and services, particularly in sectors experiencing acute inflationary spikes.
Supply Chain Support: It directs the Department of Transportation to enhance supply chain efficiency through targeted investments in infrastructure, aimed at reducing logistical costs that contribute to inflation.
Consumer Assistance Programs: The legislation allocates funding for programs that provide direct financial assistance to low- and middle-income households, helping them cope with rising costs of living.
Funding and Authorities: HR 347 proposes to allocate $10 billion in federal funding to support the implementation of its provisions, with appropriations drawn from the general fund. The bill grants the Secretary of Commerce and the Secretary of Transportation the authority to implement necessary regulations and oversight to ensure compliance with the price controls and supply chain enhancements.
Agencies Affected: The primary agencies impacted by this legislation include the Department of Commerce and the Department of Transportation, which will be responsible for executing the bill’s provisions and managing the allocated funds.
Beneficiaries: The primary beneficiaries of HR 347 are consumers, particularly those from low- and middle-income backgrounds who are disproportionately affected by inflation. Additionally, businesses reliant on stable supply chains may benefit from improved logistical efficiencies.
Key Timelines: The bill has been read a second time and is currently placed on the Senate Legislative Calendar under General Orders, indicating it is awaiting further consideration and potential voting in the Senate.
Yea (364)
C
Colin Allred
K
Kelly Armstrong
E
Earl Blumenauer
J
Jamaal Bowman
M
Michael Burgess
C
Cori Bush
K
Ken Calvert
Y
Yadira Caraveo
T
Tony Cárdenas
J
Jerry Carl
M
Matt Cartwright
L
Lori Chavez-DeRemer
D
David Cicilline
G
Gerald Connolly
J
Jason Crow
A
Anthony D'Esposito
L
Lloyd Doggett
J
John Duarte
A
Anna Eshoo
A
A. Ferguson
M
Mike Gallagher
R
Ruben Gallego
J
John Garamendi
M
Mike Garcia
J
Jenniffer González-Colón
K
Kay Granger
G
Garret Graves
R
Raúl Grijalva
B
Brian Higgins
J
Jeff Jackson
S
Sheila Jackson Lee
B
Bill Johnson
D
Daniel Kildee
D
Derek Kilmer
A
Ann Kuster
D
Doug Lamborn
J
Jake LaTurner
B
Barbara Lee
D
Debbie Lesko
B
Blaine Luetkemeyer
K
Kathy Manning
L
Lucy McBath
L
Lisa McClain
M
Marcus Molinaro
A
Alexander Mooney
G
Grace Napolitano
W
Wiley Nickel
B
Bill Pascrell
D
Donald Payne
M
Mary Peltola
D
Dean Phillips
K
Katie Porter
C
Cathy Rodgers
C
C. Ruppersberger
J
John Rutherford
G
George Santos
A
Abigail Spanberger
M
Michelle Steel
C
Chris Stewart
R
Rashida Tlaib
N
Nydia Velázquez
M
Michael Waltz
D
Debbie Wasserman Schultz
B
Brad Wenstrup
J
Jennifer Wexton
B
Brandon Williams
Nay (56)
D
Dan Bishop
L
Larry Bucshon
J
Jeff Duncan
S
Scott Franklin
M
Matt Gaetz
B
Bob Good
M
Mark Green
G
Greg Pence
B
Bill Posey
M
Matthew Rosendale
D
David Schweikert
Not Voting (19)
K
Ken Buck
P
Patrick McHenry
G
Gregorio Sablan
J
John Sarbanes
P
Pete Sessions
E
Eric Swalwell
D
David Trone
S
Susan Wild
