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- S.1600
S.1600: Protecting and Preserving Social Security Act
About This Bill
- Introduced July 20, 2017
- Latest Major Action July 20, 2017
- See the three similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
4 (All Democrats)
Bill Version
- Introduced in Senate - July 20, 2017
Bill Summary
Protecting and Preserving Social Security Act This bill revises the methodology for calculating Old Age, Survivors, and Disability Insurance (OASDI) benefits and phases out the cap on compensation subject to Social Security taxation. The bill directs the Bureau of Labor Statistics to prepare and publish a Consumer Price Index for Elderly Consumers (CPI-E) to track cost-of-living changes for individuals age 62 or older. Beginning in two years...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| July 20, 2017 |
Read twice and referred to the Committee on Finance.
|
| July 20, 2017 |
Introduced in the Senate by Mazie K. Hirono (D-Hawaii) |