H.R.456 - Consumer Price Index for Elderly Consumers Act of 2011112th Congress (2011-2012)
|Sponsor:||Rep. Gonzalez, Charles A. [D-TX-20] (Introduced 01/26/2011)|
|Committees:||House - Ways and Means; Education and the Workforce|
|Latest Action:||02/04/2011 Referred to the Subcommittee on Social Security. (All Actions)|
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Summary: H.R.456 — 112th Congress (2011-2012)All Bill Information (Except Text)
Introduced in House (01/26/2011)
Consumer Price Index for Elderly Consumers Act of 2011 - 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 provide for the use of such new CPI in the computation of cost-of-living increases for Social Security benefits.