Title 42 — The Public Health and WelfareRelease 119-73not60

§19070 Research on the Impact of Inflation

Title 42 › Chapter 163— RESEARCH AND DEVELOPMENT, COMPETITION, AND INNOVATION › Subchapter III— NATIONAL SCIENCE FOUNDATION FOR THE FUTURE › Part E— Fundamental Research › § 19070

Last updated Apr 5, 2026|Official source

Summary

The Director can give competitive grants to colleges, nonprofits, or groups of them to pay for research about how inflation affects people and the country. Funded studies can look at things like cost-of-living and wage effects, U.S. international competitiveness, impacts on rural and underserved areas, effects on future generations, and how government policy (including more spending) affects inflation. When awarding grants, the Director must work with other federal agencies to avoid duplicating research.

Full Legal Text

Title 42, §19070

The Public Health and Welfare — Source: USLM XML via OLRC

(a)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)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 inflation, including the impact of further Government spending.

(c)In making awards under this section, the Director shall, for purposes of avoiding duplication of activities and research, consult, collaborate, and coordinate with the programs and policies of other relevant Federal agencies.

Reference

Citations & Metadata

Citation

42 U.S.C. § 19070

Title 42 — The Public Health and Welfare

Last Updated

Apr 5, 2026

Release point: 119-73not60