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H.R. 3961 · 114th Congress

Consumer Price Index for Elderly Consumers Act of 2015

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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

1 cosponsor · 1 D

0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

This bill amends titles II (Old Age, Survivors, and Disability Insurance) and XVIII (Medicare) of the Social Security Act to compute cost-of-living increases for Social Security and Medicare benefits using a new index in place of the current Consumer Price Index (CPI) for All Urban Consumers.

What it does: CRS summary · Introduced in House · Nov 5, 2015

Consumer Price Index for Elderly Consumers Act of 2015

This bill amends titles II (Old Age, Survivors, and Disability Insurance) and XVIII (Medicare) of the Social Security Act to compute cost-of-living increases for Social Security and Medicare benefits using a new index in place of the current Consumer Price Index (CPI) for All Urban Consumers. The Bureau of Labor Statistics must prepare and publish, for this purpose, a monthly CPI for Elderly Consumers that reflects changes over time to expenditures typical for individuals aged 62 and older.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Consumer Price Index for Elderly Consumers Act of 2015

Latest action (Mar 23, 2016): Referred to the Subcommittee on Health, Employment, Labor, and Pensions.

Policy area: Economics and Public Finance · Origin: House · Introduced: Nov 5, 2015

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.