118th Congress · HOUSE BILLBILL

H.R. 1688Social Security Cost of Living Increase Act of 2023

To provide an emergency cost-of-living increase for social security beneficiaries, and for other purposes.

Social welfare
Introduced Mar 21, 2023
Last action Dec 17, 2024
Pipeline · Bill → Law
Step 1
Introduced
Mar 21, 2023
Step 2
Referred
Dec 17, 2024
Education and Workforce · Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill bases cost-of-living adjustments for Social Security benefits 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.

Provisions · 2 sectionsIntroduced in House
Timeline · 4 actions
Dec 17, 2024
Referred to the Subcommittee on Social Security.
Mar 21, 2023
Introduced in House
Mar 21, 2023
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 21, 2023
Referred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.