H.R. 5275 · 111th Congress
Seniors Purchasing Power Protection Act
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
SestakSponsorNo cosponsors.
Seniors Purchasing Power Protection 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.
What it does: CRS summary · Introduced in House · May 11, 2010
Seniors Purchasing Power Protection 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 use such new CPI in the computation of cost-of-living increases for Social Security benefits.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Seniors Purchasing Power Protection Act
Latest action (Jun 29, 2010): Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Policy area: Economics and Public Finance · Origin: House · Introduced: May 11, 2010
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.