H.R.2035 - Consumer Price Index for Elderly Consumers Act107th Congress (2001-2002)
|Sponsor:||Rep. Sanders, Bernard [I-VT-At Large] (Introduced 05/25/2001)|
|Committees:||House - Ways and Means; Energy and Commerce; Education and the Workforce|
|Latest Action:||08/10/2001 Referred to the Subcommittee on Employer-Employee Relations.|
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Subject — Policy Area:
- Social Welfare
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Summary: H.R.2035 — 107th Congress (2001-2002)All Bill Information (Except Text)
Consumer Price Index for Elderly Consumers Act - Directs the Bureau of Labor Statistics of the Department of Labor to prepare and publish a monthly Consumer Price Index for Elderly Consumers (CPI) that indicates changes over time in expenditures for consumption which are typical for individuals aged 62 years or older.
Introduced in House (05/25/2001)
Amends titles II (Old Age, Survivors and Disability Insurance) and XVIII (Medicare) of the Social Security Act to provide for the use of such new CPI in the computation of cost-of-living increases for social security and Medicare benefits under such programs.