H.R. 716 · 118th Congress
Fair COLA for Seniors Act of 2023
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
38 cosponsors · 38 D
17 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This bill bases cost-of-living adjustments for certain benefits available through federal and military retirement programs, Social Security, and specified programs for veterans on a price index that tracks the spending patterns of older consumers. The Bureau of Labor Statistics of the Department of Labor must publish that price index on a monthly basis.
What it does: CRS summary · Introduced in House · Feb 1, 2023
Fair COLA for Seniors Act of 2023
This bill bases cost-of-living adjustments for certain benefits available through federal and military retirement programs, Social Security, and specified programs for veterans on a price index that tracks the spending patterns of older consumers. The Bureau of Labor Statistics of the Department of Labor must publish that price index on a monthly basis.
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 2023
Latest action (Dec 17, 2024): Referred to the Subcommittee on Social Security.
Policy area: Social Welfare · Origin: House · Introduced: Feb 1, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.