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H.R.3389 / 116th Congress

Guaranteed 3 Percent COLA for Seniors Act of 2019

Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, 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.

Official summary

Version 00 · Introduced in House · 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.

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Who introduced it

Rep. Engel, Eliot L. [D-NY-16] · D–NY

Committees

  • Education and Workforce Committee
  • Ways and Means Committee
0 cosponsorship records, including any withdrawals

    Actions

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    1. Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, 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.

    2. Referred to the Committee on Ways and Means, and in addition to the Committee on Education and Labor, 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.

    3. Introduced in House

    4. Introduced in House

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