S4266-119

In Committee

Cost-of-living Emergency Act

119th Congress Introduced Mar 26, 2026

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, Cost-of-living Emergency Act, changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Energy, Labor.

Who Benefits and How

federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section S1: 1. Short title This Act may be cited as the Cost-of-living Emergency Act.
  • Section iddc2330da11574c36a9e09b0d7749a5fe: 2. Definitions In this Act: The term average U.S. household means a household in the United States earning less than the median household income for the prior...
  • Section idf86238e4fa3b4872a0b7c253c23e91ff: 3. Declaration of emergency with respect to cost of living There is hereby declared an emergency with respect to the high cost of living facing the people of...
  • Section id10d7513dee924e9daa4826740ef9ca45: 4. Actions to be taken by the Council of Economic Advisers during a cost-of-living emergency During the period that the emergency declared under section 3 is...
  • Section idfb7ee4fa3a7e4f1a8c2c9bdd6070dd62: 5. Household costs impact statements During the period that the emergency declared under section 3 is in effect, the Administrator of the Office of Information...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, Cost-of-living Emergency Act, changes federal law or congressional policy affecting federal agencies and legislative administrators.

Key Policy Areas

Government Operations, Energy, Labor

Primary Purpose

This bill, Cost-of-living Emergency Act, changes federal law or congressional policy affecting federal agencies and legislative administrators.

Policy Domains

Government Operations Energy Labor

Whole bill

Identified Gains
  • federal agencies and legislative administrators
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal agencies and legislative administrators:
Identified Costs
  • federal implementing agencies
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: is
federal implementing agencies:

Legislative Progress

In Committee
Introduced Committee Passed
Mar 26, 2026

Read twice and referred to the Committee on Banking, Housing, …

Mar 26, 2026

Introduced in Senate

Mar 26, 2026

Mr. Kelly introduced the following bill; which was read twice …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Government Operations Energy Labor
Actor Mappings
"the_commission"
→ The commission identified in the operative section
"the_administrator"
→ The Administrator identified in the operative section

Key Definitions

Terms defined in this bill

1 term
"covered agency head" §id8c0e61f6e66b49c7898808389d6c08c2

the head of an agency to whom the President delegated, under section 201(a) of Executive Order 13603 (77 Fed. Reg. 16651

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology