About the bill
Or you can buy the only grocery item that’s apparently inflation-proof: 99-cent AriZona iced tea.
Context
The annual Inflation rate currently stands at a 40-year-high of 8.5%, the highest level of inflation since December 1981. As prices surge, two categories have particularly hit Americans’ wallets.
One is fuel, which reached an all-time record national average of $4.33 per gallon in mid-March, and fuel still remains at a near-high $4.12 per gallon as of this writing. Another is food, which as of February had experienced 7.9% year-over-year inflation.
What the bill does
The Food and Fuel Family Savings Act would give millions of Americans $600, to be used only for food or gasoline. The amount of the credit would also be reduced for those making above $40,000 …
Sponsor and status
117th Congress (2021–2023)
Introduced on Apr 7, 2022
This bill is in the first stage of the legislative process. It was introduced into Congress on April 7, 2022. It will typically be considered by committee next before it is possibly sent on to the House or Senate as a whole.
Other activity may have occurred on another bill with identical or similar provisions.
3 Cosponsors (3 Democrats)
Position statements
History
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Apr 7, 2022
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Introduced
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Passed Committee
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Passed Senate
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Passed House
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Signed by the President
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S. 4060 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 S. 4060. This is the one from the 117th Congress.
How to cite this information.
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“S. 4060 — 117th Congress: Food and Fuel Family Savings Act.” www.GovTrack.us. 2022. May 18, 2022 <https://www.govtrack.us/congress/bills/117/s4060>
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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.
