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Title 42, The Public Health and WelfareRelease 119-110

§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 Sep 22, 2026|Official source

Summary

The Director can give competitive, reviewed grants to universities, nonprofits, or groups of them to study how inflation affects people. Funded research can measure inflation’s effects on cost of living and wages, U.S. international competitiveness, rural and underserved communities, future generations, and how government policy (including more spending) affects inflation. To avoid repeating work, the Director must coordinate with other federal agencies.

Full Legal Text

Title 42, §19070

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

(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 inflation, including the impact of further Government spending.
(c)Coordination to avoid duplication
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

Sep 22, 2026

Release point: 119-110