US HB4551 | 2015-2016 | 114th Congress

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 12 2016 - 25% progression, died in committee
Action: 2016-03-23 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Pending: House Subcommittee on Health, Employment, Labor, and Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Keeping our Promise to Seniors Act This bill directs the Bureau of Labor Statistics (BLS) of the Department of Labor to prepare and publish a monthly Consumer Price Index for Older Americans (CPI-OA) that: measures changes over time in the cost of living for a population that consists solely of individuals living in the United States who are age 62 or older; is specifically designed to reflect the geographic areas in which such individuals reside, the goods and services they purchase, and the typical prices for those goods and services; and is not based on any other consumer price index published by the BLS. The bill amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to use this new CPI-OA in the computation of cost-of-living increases for OASDI benefits.

Tracking Information

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Title

Keeping our Promise to Seniors Act

Sponsors


History

DateChamberAction
2016-03-23HouseReferred to the Subcommittee on Health, Employment, Labor, and Pensions.
2016-02-17HouseReferred to the Subcommittee on Social Security.
2016-02-12HouseReferred to House Education and the Workforce
2016-02-12HouseReferred to House Ways and Means
2016-02-12HouseReferred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
2016-02-12HouseIntroduced in House

Same As/Similar To

HB3961 (Related) 2016-03-23 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

Subjects


US Congress State Sources


Bill Comments

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