H.R. 8658 · 117th Congress
Emergency Price Stabilization Act of 2022
- Stage
- In committee
- Sponsor
- Jamaal Bowman
- Introduced
- 2022-08-05
- Latest action
- 2022-08-05 · Introduced in House
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.