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H.R. 4551 · 114th Congress

Keeping our Promise to Seniors Act

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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.

DJR JollySponsor

No cosponsors.

This bill directs the Bureau of Labor Statistics (BLS) of the Department of Labor to prepare and publish a monthly Consumer Price Index for Older Americans (CPI-OA) that:

What it does: CRS summary · Introduced in House · Feb 12, 2016

Keeping Our Promise to Seniors Act

This bill directs the Bureau of Labor Statistics (BLS) of the Department of Labor to prepare and publish a monthly Consumer Price Index for Older Americans (CPI-OA) that:

  • measures changes over time in the cost of living for a population that consists solely of individuals living in the United States who are age 62 or older;
  • is specifically designed to reflect the geographic areas in which such individuals reside, the goods and services they purchase, and the typical prices for those goods and services; and
  • is not based on any other consumer price index published by the BLS.

The bill amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to use this new CPI-OA in the computation of cost-of-living increases for OASDI benefits.

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

About this bill and sources

Official title: Keeping our Promise to Seniors Act

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

Policy area: Economics and Public Finance · Origin: House · Introduced: Feb 12, 2016

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

No recorded floor vote found.