US HB776 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on February 17 2011 - 25% progression, died in committee
Action: 2011-02-17 - Referred to House Education and the Workforce
Pending: House Education And The Workforce Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Guaranteed 3% COLA for Seniors Act of 2011 - Directs the Bureau of Labor Statistics of the Department of Labor to prepare and publish a monthly Consumer Price Index for Elderly Consumers that indicates changes over time in expenditures for consumption which are typical for individuals in the United States who are age 62 or older. Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to: (1) require the use of such index to compute cost-of-living increases for Social Security benefits; and (2) provide, in the case of individuals who have attained age 62, for an annual cost-of-living increase of at least 3%.

Tracking Information

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Title

Guaranteed 3% COLA for Seniors Act of 2011

Sponsors


History

DateChamberAction
2011-02-17HouseReferred to House Education and the Workforce
2011-02-17HouseReferred to House Ways and Means
2011-02-17HouseReferred 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.

Same As/Similar To

SB1876 (Related) 2011-11-16 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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