A bill to provide standby authority for the general or selective control of prices and wages.
Economic Stabilization Act of 1980 - Authorizes the President, through fiscal year 1982, to issue such orders and regulations as may be deemed appropriate to stabilize prices, rents, wages, and salaries at levels not less than those prevailing on March 1, 1980.
Establishes a $50,000 maximum fine for, and provides for injunctive relief from, violations of any such order or regulation.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
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