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Combating Rural Inflation Act

12/20/2023, 8:15 AM

Summary of Bill HR 1358

Bill 118 hr 1358, also known as the Combating Rural Inflation Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to address the issue of rising inflation in rural areas across the country.

The bill proposes several measures to combat inflation in rural areas, including increasing funding for programs that support rural businesses and farmers, as well as providing tax incentives for companies to invest in rural communities. Additionally, the bill aims to improve access to affordable healthcare and education in rural areas, in order to help alleviate financial burdens on residents.

One key aspect of the bill is the establishment of a task force dedicated to studying the root causes of inflation in rural areas and developing strategies to address these issues. The task force would be composed of experts in economics, agriculture, and rural development, and would be responsible for making recommendations to Congress on how to effectively combat rural inflation. Overall, the Combating Rural Inflation Act seeks to provide much-needed support to rural communities facing economic challenges due to inflation. By investing in rural businesses, improving access to essential services, and conducting research on the causes of inflation, this bill aims to help rural areas thrive and prosper in the face of economic uncertainty.

Congressional Summary of HR 1358

Combating Rural Inflation Act

This bill requires the the Bureau of Labor Statistics of the Department of Labor to publish a monthly index of changes in consumer prices for individuals residing in rural communities.

Current Status of Bill HR 1358

Bill HR 1358 is currently in the status of Bill Introduced since March 3, 2023. Bill HR 1358 was introduced during Congress 118 and was introduced to the House on March 3, 2023.  Bill HR 1358's most recent activity was Referred to the House Committee on Education and the Workforce. as of March 3, 2023

Bipartisan Support of Bill HR 1358

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
6
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 1358

Primary Policy Focus

Commerce

Alternate Title(s) of Bill HR 1358

Combating Rural Inflation Act
Combating Rural Inflation Act
To direct the Bureau of Labor Statistics to prepare and publish a Consumer Price Index for Rural Consumers, and for other purposes.

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