S. 4253 — A bill to amend the Council on Wage and Price Stability Act to provide the Council the authority to issue subpoenas and to delay inflationary wage or price increases.

Summary

Provides, under the Council on Wage and Price Stability Act (P.L. 93-387), that the Council shall have authority to: (1) issue subpenas; and (2) issue orders delaying for one period, not to exceed 60 days, the implementation of any wage or price increase which is likely to have a serious inflationary impact.

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Legislative Actions

1974-12-18
Introduced in Senate
1974-12-18
Referred to Senate Committee on Banking, Housing and Urban Affairs.

A bill to amend the Council on Wage and Price Stability Act to provide the Council the authority to issue subpoenas and to delay inflationary wage or price increases.

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