S 1923
116th Congress
Senate
Social Welfare
Aging
Inflation and prices
Social security and elderly assistance
Guaranteed 3 Percent COLA for Seniors Act of 2019
Introduced: June 20, 2019
Introduced by:
Whitehouse, Sheldon
Democratic
· Rhode Island
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 20, 2019
Read twice and referred to the Committee on Finance.
Jun 20, 2019
Introduced in Senate
Plain-English summary
Guaranteed 3 Percent COLA for Seniors Act of 2019
This bill revises the method used to calculate cost-of-living adjustments for certain Old Age, Survivors, and Disability Insurance benefits. Specifically, the Bureau of Labor Statistics must develop a price index that tracks the spending patterns of older consumers for purposes of calculating the cost-of-living adjustment. Individuals over 62 must receive, at minimum, a 3% annual cost-of-living increase.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1