HR 991
115th Congress
House
Social Welfare
Aging
Inflation and prices
Social security and elderly assistance
Guaranteed 3 Percent COLA for Seniors Act of 2017
Introduced: February 9, 2017
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 22, 2017
Referred to the Subcommittee on Social Security.
Feb 9, 2017
Referred 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.
Feb 9, 2017
Introduced in House
Plain-English summary
Guaranteed 3 Percent COLA for Seniors Act of 2017
This bill directs the Bureau of Labor Statistics 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.
The bill amends title II (Old Age, Survivors and Disability Insurance) 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%.
What's happening now
Referred to the Subcommittee on Social Security.
Committees of jurisdiction
3