H.R. 991 · 115th Congress
Guaranteed 3 Percent COLA for Seniors Act of 2017
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
EngelSponsor7 cosponsors · 7 D
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Guaranteed 3 Percent COLA for Seniors Act of 2017 This bill directs the Bureau of Labor Statistics to prepare and publish a monthly Consumer Price Index for Elderly Consumers that indicates changes over time in expenditures for consumption which are typical for individuals in the United States who are age 62 or older.
What it does: CRS summary · Introduced in House · Feb 9, 2017
Guaranteed 3 Percent COLA for Seniors Act of 2017
This bill directs the Bureau of Labor Statistics to prepare and publish a monthly Consumer Price Index for Elderly Consumers that indicates changes over time in expenditures for consumption which are typical for individuals in the United States who are age 62 or older.
The bill amends title II (Old Age, Survivors and Disability Insurance) of the Social Security Act to: (1) require the use of such index to compute cost-of-living increases for Social Security benefits; and (2) provide, in the case of individuals who have attained age 62, for an annual cost-of-living increase of at least 3%.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Guaranteed 3 Percent COLA for Seniors Act of 2017
Latest action (Feb 22, 2017): Referred to the Subcommittee on Social Security.
Policy area: Social Welfare · Origin: House · Introduced: Feb 9, 2017
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.