summary
Introduced
02/05/2025
02/05/2025
In Committee
02/05/2025
02/05/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To direct the Bureau of Labor Statistics to prepare and publish a Consumer Price Index for Rural Consumers, and for other purposes.
AI Summary
This bill requires the Bureau of Labor Statistics (BLS), which is part of the Department of Labor, to develop and publish a new economic indicator called the "Consumer Price Index for Rural Consumers" (CPI-Rural) starting in January 2026. The CPI-Rural will track monthly changes in typical spending patterns for people living in rural areas of the United States, providing a more targeted measure of inflation that specifically reflects the economic experiences of rural communities. Currently, the BLS produces a national Consumer Price Index that does not differentiate between urban and rural expenditures, so this bill aims to create a more granular and localized understanding of how prices change for rural residents. By establishing this specialized index, policymakers and economists will have a more precise tool for analyzing economic conditions and potential economic challenges faced by rural populations.
Committee Categories
Education
Sponsors (3)
Last Action
Referred to the House Committee on Education and Workforce. (on 02/05/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
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State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/1038/all-info |
BillText | https://www.congress.gov/119/bills/hr1038/BILLS-119hr1038ih.pdf |
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