US HB649 | 2013-2014 | 113th Congress

Status

Sponsorship: Partisan Bill (Democrat 29)
Status: Introduced on February 13 2013 - 25% progression, died in committee
Action: 2013-04-23 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
Pending: House Subcommittee on Health, Employment, Labor, and Pensions Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Protecting and Preserving Social Security Act - Directs the Bureau of Labor Statistics (BLS) of the Department of Labor to prepare and publish for each calendar month a Consumer Price Index for Elderly Consumers (CPI-EC) that indicates changes over time in consumption expenditures typical for individuals in the United States age 62 or older. Amends title II (Old Age, Survivors and Disability Insurance) (OASDI) of the Social Security Act to make the CPI-EC the applicable Consumer Price Index (CPI) for computation of cost-of-living increases in OASDI benefits for such individuals. Amends the Internal Revenue Code to prescribe special rules for the determination of wages and self-employment income above the contribution and benefit base after 2013. Amends SSA title II to include surplus average indexed monthly earnings (AIME) in the determination of primary OASDI amounts.

Tracking Information

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Title

Protecting and Preserving Social Security Act

Sponsors


History

DateChamberAction
2013-04-23HouseReferred to the Subcommittee on Health, Employment, Labor, and Pensions.
2013-02-19HouseReferred to the Subcommittee on Social Security.
2013-02-13HouseReferred to House Education and the Workforce
2013-02-13HouseReferred to House Ways and Means
2013-02-13HouseReferred to the Committee on Ways and Means, and in addition to the Committee on Education and the Workforce, 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.

Same As/Similar To

SB308 (Same As) 2013-02-13 - Read twice and referred to the Committee on Finance.
SB567 (Related) 2013-03-14 - Read twice and referred to the Committee on Finance.
SB2382 (Related) 2014-05-22 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


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