[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1052 Introduced in House (IH)]







105th CONGRESS
  1st Session
                                H. R. 1052

To amend title II of the Social Security Act to provide that changes to 
 the Consumer Price Index used in making increases in Social Security 
benefits shall be restricted to changes specifically authorized by law.


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                    IN THE HOUSE OF REPRESENTATIVES

                             March 13, 1997

Mr. Kleczka (for himself and Mr. Frank of Massachusetts) introduced the 
 following bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
To amend title II of the Social Security Act to provide that changes to 
 the Consumer Price Index used in making increases in social security 
benefits shall be restricted to changes specifically authorized by law.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Cost of Living Accountability Act of 
1997''.

SEC. 2. CHANGES TO CONSUMER PRICE INDEX USED IN MAKING ADJUSTMENTS TO 
              SOCIAL SECURITY BENEFITS RESTRICTED TO CHANGES 
              SPECIFICALLY AUTHORIZED BY LAW.

    Section 215(i)(1) of the Social Security Act (42 U.S.C. 415(i)(1)) 
is amended--
            (1) in subparagraph (G), by striking ``quarter.'' and 
        inserting ``quarter; and''; and
            (2) by adding at the end the following new subparagraph:
            ``(H) on and after the date of the enactment of the Cost of 
        Living Accountability Act of 1997, the Consumer Price Index 
        referred to in the preceding provisions of this paragraph shall 
        be prepared under rules governing the market basket and other 
        elements relevant in preparing such Index which are identical 
        to those which were applicable in preparing such Index in 
        connection with increases under this subsection last determined 
        before such date, except to the extent otherwise provided by 
        law enacted after such date and referring to this 
        subparagraph.''.
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