FEDERAL · 42 U.S.C. · Chapter 163
Research on the impact of inflation
Current through Pub. L. 119-102
Title 42 — The Public Health and Welfare·Ch. 163 — RESEARCH AND DEVELOPMENT, COMPETITION, AND INNOVATION·Subch. III·Pt. E
(a)In general
The Director may make awards, on a competitive merit-reviewed basis, to institutions of higher education or nonprofit organizations (or consortia of such institutions or organizations) to support research to improve our understanding of the impact of inflation.
(b)Use of funds
Activities funded by an award under this section may include—
(1)measuring the economic impact of inflation on the American people, including an analysis of cost-of-living and wage impacts;
(2)considering the impact of inflation on American international competitiveness;
(3)evaluating the impact of inflation on rural and underserved communities throughout the country;
(4)assessing the ways inflation could impact future American generations; and
(5)evaluating the impact of policymaking on inflatio
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History
(Pub. L. 117–167, div. B, title III, §10363, Aug. 9, 2022, 136 Stat. 1568.)