H.R. 1688 · 118th Congress · House

Social Security Cost of Living Increase Act of 2023

Active· Referred to the Subcommittee on Social Security.
Introduced
Mar 21, 23
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Social Security Cost of Living Increase Act of 2023

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.

Action Timeline

5
  1. DEC 17, 2024•Committee

    Referred to the Subcommittee on Social Security.

  2. MAR 21, 2023•IntroReferral

    Introduced in House

  3. MAR 21, 2023•IntroReferral

    Introduced in House

  4. MAR 21, 2023•IntroReferral

    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.

  5. MAR 21, 2023•IntroReferral

    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.

Committees

3

Social Security Subcommittee

hswm01

Referred: Dec 17, 2024

Active

Education and Workforce Committee

hsed00

Referred: Mar 21, 2023

Active

Ways and Means Committee

hswm00

Referred: Mar 21, 2023

Active