H.R. 5342 · 114th Congress
Fair COLA for Seniors Act of 2016
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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.
No cosponsors.
This bill directs the Social Security Administration to make a one-time cost-of-living increase of 3.9%, effective with the month of June 2016, to benefits under title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act.
What it does: CRS summary · Introduced in House · May 26, 2016
Fair COLA for Seniors Act of 2016
This bill directs the Social Security Administration to make a one-time cost-of-living increase of 3.9%, effective with the month of June 2016, to benefits under title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act.
Such increase shall not be considered a general annual benefit cost-of-living increase in calendar years 2016-2017.
"Consumer Price Index" shall mean Consumer Price Index for Elderly Consumers (CPI-E).
The Bureau of Labor Statistics of the Department of Labor shall prepare and publish the CPI-E authorized by the Older Americans Amendments Act of 1987 for each calendar month beginning with July of the calendar year following the calendar year in which this bill is enacted.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Fair COLA for Seniors Act of 2016
Latest action (Sep 19, 2016): Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Policy area: Social Welfare · Origin: House · Introduced: May 26, 2016
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.