Referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for c…
This bill declares a temporary wartime energy-cost emergency tied to the U.S.–Israel–Iran conflict and creates two main responses: a refundable, temporary "war inflation" tax credit for middle-income households ($80,000–$160,000), and a federal prohibition on price gouging for fuels, home heating, electricity, and essential consumer staples during the designated emergency period.
The Federal Trade Commission and Department of Justice are given enforcement authority; the FTC must study state price-gouging laws and report to Congress.
All authorities and programs sunset when the emergency period ends, with ongoing investigations preserved.
Substantive new refundable spending plus federal price-regulation provisions make it politically and procedurally challenging despite voter-friendly aims and sunset provisions.
Relative to its intended legislative type, this bill establishes substantive changes (a refundable tax credit and a federal anti‑price‑gouging authority tied to a declared war‑related energy emergency) with clear problem framing and assigned lead agencies, but it relies heavily on agency determinations and omits fiscal appropriation and many operational mechanics.
Progressives emphasize consumer relief and anti-profiteering enforcement.
Progressives emphasize consumer relief and anti-profiteering enforcement.
Likely broadly supportive because the bill provides targeted relief to middle-income families and curbs wartime profiteering in essential goods.
It aligns with priorities to protect consumers and hold companies accountable during crises, though some progressives may prefer broader coverage or stronger anti-profiteering penalties.
Cautiously favorable: the bill is a time-limited, targeted response to wartime price shocks with built-in sunset and federal-state enforcement coordination.
Concerns center on fiscal cost, vague credit calculation, and implementation details that could create uncertainty for households and businesses.
Likely opposed or skeptical: views this as federal overreach that expands spending and interferes with energy and consumer markets.
Concerns focus on cost, market distortions, and added regulatory burden on fuel and grocery suppliers.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Substantive new refundable spending plus federal price-regulation provisions make it politically and procedurally challenging despite voter-friendly aims and sunset provisions.
The bill has not accumulated any surfaced votes yet.
Progressives emphasize consumer relief and anti-profiteering enforcement.
Substantive new refundable spending plus federal price-regulation provisions make it politically and procedurally challenging despite voter…
Relative to its intended legislative type, this bill establishes substantive changes (a refundable tax credit and a federal anti‑price‑gouging authority tied to a declared war‑related energy emergency) with clear proble…
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