A bill to stabilize prices, rents, wages, salaries, profits, dividends, interest rates, and other economic transfers.
Economic Stabilization Act of 1981 - Directs the President, within 60 days of the date of enactment of this Act, through fiscal year 1983, to issue orders and regulations to stabilize prices, rents, wages, salaries, profits, dividends, interest rates, and other comparable economic transfers at levels not less than those prevailing on October 1, 1980.
Establishes a $10,000 maximum fine for, and provides for injunctive relief from, violations of any such orders.
Directs the President, not later than 30 days after the date of enactment of this Act, to transmit to the Congress a plan setting forth detailed proposals for the implementation of the authority conferred by this Act and, from time to time, to transmit revisions of such plan as may be necessary.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to Subcommittee on Economic Stabilization.
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