Guaranteed 3 Percent COLA for Seniors Act of 2019

Summary

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.

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Timeline

1. 20 June 2019

   Introduced

   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.

   Source: IntroReferral

2. 20 June 2019

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 June 2019

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 20 June 2019 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 20 June 2019

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 20 June 2019

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 20 June 2019

  Open at official source

Sponsors

• ELIOT ENGEL · D · Sponsor
• · hsed00 · Standing
• · hswm00 · Standing

Related records

• related to → Guaranteed 3 Percent COLA for Seniors Act of 2019
• related to ← Guaranteed 3 Percent COLA for Seniors Act of 2017