,,ii #aahth ,,congress #ast ,session ,s4 #cce ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,february #i1 #bjbc,mr4 ,lankford introduced the following bill2 which was read twice and referred to the ,committee on ,homeland ,security and ,governmental ,affairs ,a ,,bill ,to establish a socioeconomic labor threshold and use that threshold for purposes of chapter #fg of title #da1 ,united ,states ,code4 #a4 ,short title ,this ,act may be cited as the ,service ,contract ,modernization ,act4 #b4 ,socioeconomic labor threshold 7a7 ,in general ,for purposes of this ,act1 the socioeconomic labor threshold is-- 7#a7 for the period beginning on the date of enactment of this ,act and ending on ,october #a following such date of enactment1 the amount determined by the ,secretary of ,labor under subsection 7b77#a72 and 7#b7 for each #a-year period beginning on ,october #a following such date of enactment1 the amount determined by the ,secretary of ,labor under subsection 7b77#b74 7b7 ,inflation adjustments 7#a7 ,initial period ,the amount determined under this paragraph for the period described in subsection 7a77#a7 shall be #b1ejj as-- 7,a7 increased by the percentage increase in the ,consumer ,price ,index for ,all ,urban ,consumers 7all items2 ,united ,states city average71 as published by the ,bureau of ,labor ,statistics1 comparing-- 7i7 such ,consumer ,price ,index for ,october of #aife2 and 7ii7 such ,consumer ,price ,index for the most recent month as of the date of enactment of this ,act for which such ,consumer ,price ,index is available2 and 7,b7 7if applicable71 rounded to the nearest multiple of #ajj4 7#b7 ,subsequent periods 7,a7 ,in general ,the amount determined under this paragraph for the applicable period described in subsection 7a77#b7 shall be the amount in effect on the date of such determination as-- 7i7 increased 7if applicable7 from such amount by the annual percentage increase1 if any1 in the ,consumer ,price ,index for ,all ,urban ,consumers 7all items2 ,united ,states city average71 as published by the ,bureau of ,labor ,statistics1 from the preceding year as calculated in accordance with subparagraph 7,b72 and 7ii7 7if applicable7 rounded to the nearest multiple of #ajj4 7,b7 ,consumer ,price ,index ,in making the determination under subparagraph 7,a7 and calculating the percentage increase in the ,consumer ,price ,index for ,all ,urban ,consumers under subparagraph 7,a77i71 the ,secretary of ,labor shall compare the ,consumer ,price ,index for ,all ,urban ,consumers 7all items2 ,united ,states city average71 as determined by the ,bureau of ,labor ,statistics1 for ,june of the calendar year in which such determination is made with the ,consumer ,price ,index for ,all ,urban ,consumers 7all items2 ,united ,states city average71 as determined by the ,bureau of ,labor ,statistics1 for ,june of the preceding calendar year4 7,c7 ,rule of construction ,with respect to a determination under subparagraph 7,a7 of the amount in effect under this paragraph for an applicable period under subsection 7a77#b71 if there is not an annual percentage increase in the ,consumer ,price ,index for ,all ,urban ,consumers 7all items2 ,united ,states city average7 from the preceding year as described in subparagraph 7,a77i71 the amount in effect under this subsection for such applicable period shall be the amount in effect under subsection 7a7 on the date of such determination4 #c4 ,amendments to the ,mc,namara-,o',hara ,service ,contract ,act 7a7 ,definition ,section #fgja of title #da1 ,united ,states ,code1 is amended-- 7#a7 by redesignating paragraph 7#d7 as paragraph 7#e72 and 7#b7 by inserting after paragraph 7#c7 the following3 7#d7 ,socioeconomic labor threshold ,the term socioeconomic labor threshold means the socioeconomic labor threshold established under section #b of the ,service ,contract ,modernization ,act4 4 7b7 ,applicability threshold ,section #fgjb7;a77#b7 of title #da1 ,united ,states ,code1 is amended to read as follows3 7#b7 involves an amount exceeding-- 7,a7 for contracts and bid specifications made prior to the date of enactment of the ,service ,contract ,modernization ,act1 #b1ejj2 and 7,b7 for contracts and bid specifications made on or after such date of enactment1 the socioeconomic labor threshold4 4