H.R. 6951 — An Act to amend the Council on Wage and Price Stability Act to extend its termination date, and for other purposes. | PoliFocus

H.R. 695195th Congress

An Act to amend the Council on Wage and Price Stability Act to extend its termination date, and for other purposes.

A bill to amend the Council on Wage and Price Stability Act to extend its termination date.

Subjects

Economics and Public Finance

View Vote Breakdown

Summary

(Measure passed House, amended, roll call #620 (251-145))

Amends the Council on Wage and Price Stability Act to extend the authority of the Council on Wage and Price Stability through fiscal year 1979 and to authorize the appropriation of funds to carry out such Act for fiscal years 1978 and 1979.

Directs the Council to focus attention on the need for full employment.

Directs the Council to review information about and analyze the effects on the U.S. economy of: (1) U.S. participation in world trade; (2) the changing patterns of prices and supplies of commodities in the world market; (3) U.S. capital investment in foreign countries; (4) world-wide weather changes; (5) interest rates, capital formation; and (6) the changing patterns of world energy supplies and prices.

Stipulates that information voluntarily submitted to the Council is protected by the confidentiality procedures under the Act.

Full Text

Related Legislation

S. 2056Council on Wage and Price Stability Amendments
1977-10-03Similar provisions passed in H.R. 6951 as passed House.
Related
H.Res. 703Resolution providing for the consideration of H.R. 6951.
1977-09-30Measure passed House.
Related

Legislative Actions

1977-05-05
Referred to House Committee on Banking, Finance and Urban Affairs.
1977-05-13
Reported to House from the Committee on Banking, Finance and Urban Affairs with amendment, H. Rept. 95-316.
1977-05-13
Reported to House from the Committee on Banking, Finance and Urban Affairs with amendment, H. Rept. 95-316.
1977-09-30
Measure called up by special rule in House.
1977-09-30
Measure considered in House.
1977-10-03
Measure considered in House.
1977-10-03
Passed/agreed to in House: Measure passed House, amended, roll call #620 (251-145).
Roll Call #620 (House)
1977-10-03
Measure passed House, amended, roll call #620 (251-145).
Roll Call #620 (House)
1977-10-04
Measure called up by unanimous consent in Senate.
1977-10-04
Measure considered in Senate.
1977-10-04
Passed/agreed to in Senate: Measure passed Senate.
1977-10-04

Enacted as Public Law 95-121

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