3.0.0 1923 2022-11-01T13:50:59Z 2022-11-01T13:50:59Z Senate S 2019-06-20 116 ssfi00 Finance Committee Senate Standing Referred to 2019-06-20T17:40:11Z Guaranteed 3 Percent COLA for Seniors Act of 2019 116 3389 HR 2019-06-20 Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, 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. Identical bill CRS 2019-06-20 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2019-06-20 Introduced in Senate IntroReferral 10000 9 Library of Congress W000802 Sen. Whitehouse, Sheldon [D-RI] Sheldon Whitehouse D RI N R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. 2020-02-11 False Social Welfare Aging Inflation and prices Social security and elderly assistance Social Welfare 00 2019-06-20 Introduced in Senate 2021-01-08T14:46:45Z 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.

]]> Guaranteed 3 Percent COLA for Seniors Act of 2019 Display Title Guaranteed 3 Percent COLA for Seniors Act of 2019 Short Title(s) as Introduced Guaranteed 3 Percent COLA for Seniors Act of 2019 Introduced in Senate IS Official Title as Introduced A bill to require the establishment of a Consumer Price Index for Elderly Consumers to compute cost-of-living increases for Social Security benefits under title II of the Social Security Act and to provide, in the case of elderly beneficiaries under such title, for an annual cost-of-living increase which is not less than 3 percent. Introduced in Senate IS Introduced in Senate 2019-06-20T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s1923is/xml/BILLS-116s1923is.xml 2019-06-20 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.