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Home > Federal Government > H.R.1953
Chief Sponsor:

Charles A. Gonzalez

Tagged in: Aged, Consumer price indexes, Consumers, Cost of living adjustments, Economic policy, Government information, Government publicity, Old age, survivors and disability insurance, Social security

Latest Update: Tuesday, October, 07th 2008

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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.

4/19/2007--Introduced.

Consumer Price Index for Elderly Consumers Act - Directs the Bureau of Labor Statistics of the Department of Labor to prepare and publish a monthly Consumer Price Index for Elderly Consumers (CPI) that indicates changes over time in expenditures for consumption which are typical for individuals aged 62 years of age or older.

Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) to provide for the use of such new CPI in the computation of cost-of-living increases for Social Security and Medicare benefits under such programs.
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Latest Actions
  • 07/09/2007 - Referred to the Subcommittee on Healthy Families and Communities.
  • 04/25/2007 - Referred to the Subcommittee on Social Security.
  • 04/19/2007 - 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.
  • 04/19/2007 - Referred to House Ways and Means
  • 04/19/2007 - Referred to House Education and Labor
Bill Text
File name Last Updated
H.R.1953 Introduced in House08/31/2007