Social Security Cost of Living Increase Act of 2023

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 21 March 2023

   Introduced

   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.

   Source: IntroReferral

2. 21 March 2023

   Introduced

   Introduced in House

   Source: IntroReferral

3. 21 March 2023

   Introduced

   Introduced in House

   Source: IntroReferral

4. 17 December 2024

   Referred

   Referred to the Subcommittee on Social Security.

   Source: Committee

Votes

No vote records are attached yet.

Versions

• Introduced in House · 21 March 2023 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 21 March 2023

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 21 March 2023

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 21 March 2023

  Open at official source

Sponsors

• Christopher Smith · R · Sponsor
• · hswm00 · Standing
• · hsed00 · Standing

Related records

• related to → Fair COLA for Seniors Act of 2023
• related to → Social Security Expansion Act