Bill116th CongressFiled Jun 20, 2019Social Welfare
S. 1923
Guaranteed 3 Percent COLA for Seniors Act of 2019
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jun 20, 2019)
Guaranteed 3 Percent COLA for Seniors Act of 2019
This bill revises the method used to calculate cost-of-living adjustments for certain Old Age, Survivors, and Disability Insurance benefits. Specifically, the Bureau of Labor Statistics must develop a price index that tracks the spending patterns of older consumers for purposes of calculating the cost-of-living adjustment. Individuals over 62 must receive, at minimum, a 3% annual cost-of-living increase.
What just happenedJun 20, 2019
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Whitehouse, Sheldon [D-RI](D-RI)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions1related bills3subjects
- Introduced in SenateJun 20, 2019
- Jun 20, 2019IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jun 20, 2019IntroReferral10000
Introduced in Senate