H.R.715 - Cost of Living Measurement and Index Act of 2001107th Congress (2001-2002)
|Sponsor:||Rep. Tierney, John F. [D-MA-6] (Introduced 02/14/2001)|
|Committees:||House - Education and the Workforce; Ways and Means; Financial Services|
|Latest Action:||04/05/2001 Referred to the Subcommittee on Employer-Employee Relations. (All Actions)|
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Summary: H.R.715 — 107th Congress (2001-2002)All Bill Information (Except Text)
Cost of Living Measurement and Index Act of 2001 - Direct the Commissioner of Labor Statistics to conduct a study to develop a methodology for determining the cost of living in each State, that accounts for the costs of housing, goods, and services, to improve Government management and the economy and management of Government operations and activities that rely on accurate economic information.
Introduced in House (02/14/2001)
Requires the Comptroller General to conduct a study in which the methodology is applied to determine how Federal benefits provided to beneficiaries in each State would be increased if: (1) such benefits were determined based on each State's cost of living under such methodology; and (2) the methodology were applied subject to a hold harmless provision under which benefits would only be increased for high cost of living States.