HB 26-1364
signed2025 Consumer Price Index Calculation
Plain-English Summary
AI-generatedHouse Bill 26-1364 addresses how the Consumer Price Index (CPI) for the year 2025 is calculated. Typically, the CPI averages monthly data throughout a year, but in 2025, due to missing October data, the Bureau of Labor Statistics adjusted their method, which ended up giving more weight to the first half of the year compared to the second half. This bill proposes calculating the 2025 CPI by averaging the semi-annual figures instead, ensuring equal representation for both halves of the year. The bill has been signed into law and will affect how inflation is measured for that specific year.
Official Summary
For the purpose of calculating inflation based on the consumer price index for the 2025 calendar year, the act requires the index to be determined by averaging the 2 semiannual reports produced by the United States bureau of labor statistics for the 2025 calendar year.(Note: This summary applies to this bill as enacted.)
Details
- Chamber
- House
- First action
- 2026-05-28
- Latest action
- 2026-04-02
- Last action desc.
- Introduced In House - Assigned to Appropriations
- OpenStates
- View source ↗
Sponsors
- Emily Sirota (sponsor) · Democratic
- Rick Taggart (sponsor) · Republican
- Jeff Bridges (sponsor) · Democratic
- Barbara Kirkmeyer (sponsor) · Republican
- Kyle Brown (sponsor) · Democratic
- Judy Amabile (sponsor) · Democratic