S.425: Cost-of-Living Board Act of 1997

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about congress
  • Introduced March 11, 1997
  • Latest Major Action March 11, 1997

Bill Summary

Cost-of-Living Board Act of 1997 - Amends title XI of the Social Security Act (SSA) to establish the Cost-of-Living Board, composed of the Chairman of the Board of Governors of the Federal Reserve System, the Chairman of the President's Council of Economic Advisers, and three other members appointed by the President, to: (1) attempt each calendar year to determine a single percentage increase or decrease in the cost-of-living which shall apply...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
March 11, 1997

Introduced in the Senate by William V. Roth Jr. (R-Del.)

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