HR 1688
118th Congress
House
Social Welfare
Government information and archives
Inflation and prices
Social security and elderly assistance
Social Security Cost of Living Increase Act of 2023
Introduced: March 21, 2023
Introduced by:
Smith, Christopher H.
Republican
· New Jersey
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 17, 2024
Referred to the Subcommittee on Social Security.
Mar 21, 2023
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.
Mar 21, 2023
Introduced in House
Plain-English summary
Social Security Cost of Living Increase Act of 2023
This bill bases cost-of-living adjustments for Social Security benefits on a price index that tracks the spending patterns of older consumers. The Bureau of Labor Statistics of the Department of Labor must publish that price index on a monthly basis.
What's happening now
Referred to the Subcommittee on Social Security.
Committees of jurisdiction
3