,i #aag? ,,congress #a/ ,session ,h4 ,r4 #bbff ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,m>* #bf1 #bjba,mr4 ,walb]g introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means1 & 9 addition to ! ,committee on ,education & ,labor1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to am5d title ,,ii ( ! ,social ,security ,act to provide = a m9imum annual co/-(-liv+ increase = ,social ,security b5efits1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,c]ta9ty = ,old] ,liv+ ,am]icans ,act ( #bjba or ! ,,cola ,act ( #bjba4 #b4 ,computation ( co/-(-liv+ increases 7a7 ,9 g5]al ,section #bae7;i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #dae7;i77 is am5d$-- 7#a7 9 p>agraph 7#a77;,b71 by /rik+ ) respect to :i* ! applicable increase p]c5tage is great] ?an z]o22 & 7#b7 9 p>agraph 7#b7-- 7,a7 9 subp>agraph 7,a7-- 7i7 9 clause 7ii71 9 ! matt] foll[+ subclause 7,,iii71 by /rik+ applicable increase p]c5tage & ins]t+ ! increase p]c5tage det]m9$ "u clause 7iv7 = su* ye>2 & 7ii7 by add+ at ! end ! foll[+3 7iv7 ,! increase p]c5tage det]m9$ "u ?is clause = a ye> %all be ! great] (-- 7,i7 ! applicable increase p]c5tage ) respect to a co/-(-liv+ computation qu>t] 9 su* ye>2 or 7,,ii7 ! ari?metical mean ( ! increase p]c5tages det]m9$ "u ?is clause = ea* ( ! ye>s 9 ! #aj-ye> p]iod end+ ) ! ye> be=e su* ye>4 2 & 7,b7 9 ! fir/ s5t5ce ( subp>agraph 7,d71 by /rik+ & ! p]c5tage !re( & ins]t+ 1 ! p]c5tage !re(1 & ! increase p]c5tage det]m9$ "u subp>agraph 7,a77iv7 = ! foll[+ ye>4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply ) respect to co/-(-liv+ computation qu>t]s end+ on or aft] ,septemb] #cj1 #bjba4 #c4 ,work+ gr\p on use ( national acc\nts data 7a7 ,e/abli%m5t ,! ,secret>y ( ,labor & ! ,secret>y ( ,comm]ce %all e/abli% a work+ gr\p 79 ?is section ref]r$ to z ! ,work+ ,gr\p7 to provide recomm5dations to ! ,bureau ( ,labor ,/ati/ics on incorporat+ national acc\nts data to produce-- 7#a7 an accurate1 timely1 & relevant ,consum] ,price ,index2 & 7#b7 up-to-date exp5diture weights4 7b7 ,memb]%ip 7#a7 ,appo9tm5t ,! ,secret>y ( ,labor & ! ,secret>y ( ,comm]ce %all appo9t to ! ,work+ ,gr\p individuals ) exp]tise relat+ to /ati/ical & computational me?ods1 survey rese>*1 & economic1 social1 & demographic measurem5t4 7#b7 ,repres5tation ,9 appo9t+ repres5tatives to ! ,work+ ,gr\p1 ! ,secret>y ( ,labor & ! ,secret>y ( ,comm]ce %all consid] appo9t+ memb]s f relevant ,f$]al ag5cies & non-,f$]al /akehold] gr\ps1 includ+-- 7#c7 ! ,bureau ( ,labor ,/ati/ics2 7#d7 ! ,bureau ( ,economic ,analysis2 & 7#e7 ! ,f$]al ,economic ,/ati/ics ,advisory ,committee4 7c7 ,report ,n lat] ?an #ab mon?s aft] ! date ( enactm5t ( ?is ,act1 ! ,work+ ,gr\p %all submit to ! ,committee on ,education & ,labor ( ! ,h\se ( ,repres5tatives & ! ,committee on ,heal?1 ,education1 ,labor1 & ,p5sions ( ! ,s5ate a report t includes ! f9d+s & recomm5dations ( ! ,work+ ,gr\p "u subsection 7a74 7d7 ,t]m9ation ,! ,work+ ,gr\p %all t]m9ate ^u submission ( ! report requir$ "u subsection 7c74