Wisconsin 2023-2024 Regular Session

Wisconsin Senate Bill SB1090

Introduced
3/18/24  
Refer
3/18/24  

Caption

Increasing state supplemental payments based on cost of living adjustments. (FE)

Impact

The implementation of SB1090 is expected to positively impact individuals who rely on supplemental payments for their wellbeing, particularly in light of rising living costs. By linking these payments to the Consumer Price Index, the bill seeks to enhance financial stability for vulnerable populations, ensuring that their assistance reflects current economic realities. The adjustments may provide relief against inflation and contribute to the overall quality of life for recipients.

Summary

Senate Bill 1090 aims to increase state supplemental payments, specifically for individuals eligible for the federal Supplemental Security Income (SSI) program. The bill mandates that the Department of Health Services (DHS) adjust these payments based on the percentage changes in the Consumer Price Index for all urban consumers, as defined by the U.S. Department of Labor, utilizing historical data between December 31, 1994, and December 31, 2022. This adjustment is to ensure that supplemental payments keep pace with inflation and economic conditions over the years, with annual updates planned starting in July 2024.

Contention

Despite its intent to support individuals in need, SB1090 may face scrutiny regarding the potential fiscal implications for the state budget. Detractors may argue that mandatory adjustments could put pressure on state resources and finances, raising questions about sustainability and long-term obligations. Furthermore, discussions may arise over whether the adjustments are sufficient to meet the needs of those impacted by inflation, as well as the differing opinions on how the cost of living is calculated and its appropriateness in determining benefits.

Companion Bills

No companion bills found.

Previously Filed As

WI AB1148

Increasing state supplemental payments based on cost of living adjustments. (FE)

WI SB973

State Supplementary Program: administration.

WI HB33

Provides for payment of cost-of-living adjustments (COLAs) to retirees and beneficiaries of state retirement systems without legislative approval in certain circumstances (OR INCREASE APV)

WI S2580

Allows for a one-time two percent (2%) supplemental cost of living adjustment for plan year 2025 to the public pension benefits administered by the ERSRI, and allows for those benefits to be deducted from the taxpayer's adjusted gross income.

WI H7993

Allows for a one-time two percent (2%) supplemental cost of living adjustment for plan year 2025 to the public pension benefits administered by the ERSRI, and allows for those benefits to be deducted from the taxpayer's adjusted gross income.

WI S08160

Increases the base benefit amount for computation of pension cost-of-living adjustments.

WI A3527

Establishes annual cost of living adjustment, based on Consumer Price Index, to base Medicaid per diem rates for assisted living programs; makes appropriation.

WI S07783

Provides increases of cost-of-living adjustments for public retirees; allows increases of up to five percent.

WI S2129

Establishes annual cost of living adjustment, based on Consumer Price Index, to base Medicaid per diem rates for assisted living programs; makes appropriation.

WI S3742

Establishes annual cost of living adjustment, based on Consumer Price Index, to base Medicaid per diem rates for assisted living programs; makes appropriation.

Similar Bills

No similar bills found.