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H.R. 5376: Inflation Reduction Act of 2022


About the bill

H.R. 5376 was originally introduced as the Build Back Better Act, President Biden's signature legislative proposal in 2021, but after the bill failed to gain enough support in the Senate to pass, it was replaced in whole with new legislative text in 2022 and named the Inflation Reduction Act of 2022.

Sponsor and status

Introduced
117th Congress (2021–2023)
Status

Enacted — Signed by the President on Aug 16, 2022

This bill was enacted after being signed by the President on August 16, 2022.

Law
Pub.L. 117-169
Sponsor

John Yarmuth was the sponsor of this bill when it was introduced on Sep 27, 2021, but the bill’s text was subsequently replaced with unrelated provisions.

Text

Read Text »
Last Updated: Aug 13, 2022
Length: 273 pages

Source

Position statements

Statement of Administration Policy

President Joseph Biden [D]: H.R. 5376 – Build Back Better Act (Nov 3, 2021)

What legislators are saying

Congressman LaMalfa Opposes Democrats Plan to Drive Up Inflation and Increase Taxes
    — Rep. Doug LaMalfa [R-CA1] on Aug 15, 2022

GOP Doctors Caucus Fights Against Democrats' Anti-Doctor, Anti-Patient Legislation
    — Rep. Andy Harris [R-MD1] on Aug 15, 2022

You Cannot Spend Your Way Out of Inflation or Tax Yourself Out of Recession
    — Rep. Tom McClintock [R-CA4] on Aug 12, 2022

More statements at ProPublica Represent...

What stakeholders are saying

R Street Institute SpendingTracker.org estimates H.R. 5376 will add $50.6 billion in new spending through 2031.

Incorporated legislation

This bill incorporates provisions from:

H.R. 7497: Make Medicine Affordable Act

Introduced on Apr 11, 2022. 73% incorporated. (compare text)

H.R. 3: Elijah E. Cummings Lower Drug Costs Now Act

Introduced on Apr 22, 2021. 31% incorporated. (compare text)

S. 4011: Capping Drug Costs for Seniors Act of 2022

Introduced on Apr 6, 2022. 89% incorporated. (compare text)

S. 2327: Seniors Prescription Drug Relief Act

Introduced on Jul 13, 2021. 56% incorporated. (compare text)

S. 2164: Lower Costs, More Cures Act of 2021

Introduced on Jun 22, 2021. 16% incorporated. (compare text)

H.R. 4417: Capping Drug Costs for Seniors Act of 2021

Introduced on Jul 13, 2021. 69% incorporated. (compare text)

H.R. 5187: Home Energy Savings Act of 2021

Introduced on Sep 7, 2021. 80% incorporated. (compare text)

H.R. 2706: Freedom from Price Gouging Act

Introduced on Apr 20, 2021. 59% incorporated. (compare text)

H.R. 8559: Small Business Owner Tax Relief Act of 2022

Introduced on Jul 28, 2022. 95% incorporated. (compare text)

H.R. 5181: Energy Efficient Commercial Buildings Act of 2021

Introduced on Sep 7, 2021. 69% incorporated. (compare text)

S. 2962: COMPETES Act

Introduced on Oct 7, 2021. 77% incorporated. (compare text)

H.R. 2815: BIOSIM Act

Introduced on Apr 22, 2021. 89% incorporated. (compare text)

History

Sep 27, 2021
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Sep 27, 2021
 
Text Published

Updated bill text was published as of Preprint (Rule).

Sep 27, 2021
 
Text Published

Updated bill text was published as of Reported by House Committee.

Oct 28, 2021
 
Text Published

Updated bill text was published as of Preprint (Rule).

Nov 3, 2021
 
Text Published

Updated bill text was published as of Preprint (Rule).

Nov 18, 2021
 
Text Published

Updated bill text was published as of Preprint (Rule).

Nov 19, 2021
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next.

Feb 2, 2022
 
Considered by Housing, Community Development, and Insurance

A committee held a hearing or business meeting about the bill.

Apr 27, 2022
 
Considered by Senate Committee on Small Business and Entrepreneurship

A committee held a hearing or business meeting about the bill.

Jun 29, 2022
 
Considered by House Committee on Financial Services

A committee held a hearing or business meeting about the bill.

Jul 20, 2022
 
Considered by House Committee on Financial Services

A committee held a hearing or business meeting about the bill.

Aug 4, 2022
 
Considered by Senate Committee on Banking, Housing, and Urban Affairs

A committee held a hearing or business meeting about the bill.

Aug 7, 2022
 
Passed Senate with Changes (back to House)

The Senate passed the bill with changes not in the House version and sent it back to the House to approve the changes.

Aug 8, 2022
 
Text Published

Updated bill text was published as of Preprint (Rule).

Aug 12, 2022
 
House Agreed to Changes

The bill was passed by both chambers in identical form. It goes to the President next who may sign or veto the bill.

Aug 16, 2022
 
Enacted — Signed by the President

The President signed the bill and it became law.

H.R. 5376 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Bills numbers restart every two years. That means there are other bills with the number H.R. 5376. This is the one from the 117th Congress.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 5376 — 117th Congress: Inflation Reduction Act of 2022.” www.GovTrack.us. 2021. December 2, 2022 <https://www.govtrack.us/congress/bills/117/hr5376>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.