US HB3588 | 2015-2016 | 114th Congress

Status

Spectrum: Partisan Bill (Democrat 6-0)
Status: Introduced on September 22 2015 - 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

Guaranteed 3 Percent COLA for Seniors Act of 2015 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 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 Percent COLA for Seniors Act of 2015

Sponsors


History

DateChamberAction
2016-03-23HouseReferred to the Subcommittee on Health, Employment, Labor, and Pensions.
2015-09-29HouseReferred to the Subcommittee on Social Security.
2015-09-22HouseReferred to House Education and the Workforce
2015-09-22HouseReferred to House Ways and Means
2015-09-22HouseReferred 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.
2015-09-22HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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