H.R.2429 - Consumer Price Index for Elderly Consumers Act of 2009111th Congress (2009-2010)
|Sponsor:||Rep. Gonzalez, Charles A. [D-TX-20] (Introduced 05/14/2009)|
|Committees:||House - Education and Labor; Ways and Means|
|Latest Action:||06/11/2009 Referred to the Subcommittee on Healthy Families and Communities.|
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Subject — Policy Area:
- Economics and Public Finance
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Summary: H.R.2429 — 111th Congress (2009-2010)All Bill Information (Except Text)
Introduced in House (05/14/2009)
Consumer Price Index for Elderly Consumers Act of 2009 - 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 of age or older.
Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) to use such new CPI in the computation of cost-of-living increases for Social Security benefits.