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HB26-1364

2025 Consumer Price Index Calculation

Type Bill
Session 2026 Regular Session
Subjects
Fiscal Policy & Taxes

Concerning the calculation of the consumer price index for the 2025 calendar year, and, in connection therewith, making an appropriation.

Bill Summary:

      Joint Budget Committee. The United States bureau of labor statistics (BLS) determines the consumer price index (CPI) for each month. At the end of a year, the BLS determines the CPI for that year by averaging the CPI for each month in the year. However, as of March 2026, the BLS did not determine the CPI for the month of October and then determined inflation for 2025 by averaging the CPI for every month besides October in 2025. The BLS's approach to determining the CPI for 2025 overweighted the CPI of the first half of 2025 relative to the second half of 2025, since the BLS included each month from the first half of 2025 and only 5 of the 6 months in the second half of 2025, in determining the CPI for 2025.

     The bill, for 2025 only, determines the CPI for 2025 by averaging the 2 semi-annual BLS CPI determinations for 2025. This approach gives equal weight to the CPI from the first and second halves of 2025.


(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

Committees

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Status

Passed

Introduced

Passed

Related Documents & Information

Date Version Documents
04/16/2026 Rerevised PDF
04/15/2026 Revised PDF
04/11/2026 Reengrossed PDF
04/09/2026 Engrossed PDF
04/02/2026 Introduced PDF
Date Version Documents
04/07/2026 PA1 PDF
Date Version Documents
04/03/2026 Initial Fiscal Note PDF
Date Version Documents
04/13/2026 SA2 PDF
04/06/2026 SA1 PDF
Activity Vote Documents
Refer House Bill 26-1364 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. The motion passed on a vote of 7-0. Vote summary
Activity Vote Documents
Adopt amendment J.001 The motion passed without objection. Vote summary
Adopt amendment L.001 The motion passed without objection. Vote summary
Refer House Bill 26-1364, as amended, to the Committee of the Whole. The motion passed on a vote of 10-1. Vote summary
Date Calendar Motion Vote Vote Document
04/16/2026 Third Reading BILL
29
AYE
6
NO
0
OTHER
Vote record
Date Calendar Motion Vote Vote Document
04/11/2026 Third Reading BILL
41
AYE
17
NO
7
OTHER
Vote record
Date Amendment Number Committee/ Floor Hearing Status Documents
04/07/2026 L.001 HOU Appropriations Passed [*] PDF
04/07/2026 J.001 HOU Appropriations Passed [*] PDF
Date Location Action
04/16/2026 Senate Senate Third Reading Passed - No Amendments
04/15/2026 Senate Senate Second Reading Special Order - Passed - No Amendments
04/14/2026 Senate Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole
04/13/2026 Senate Introduced In Senate - Assigned to Appropriations
04/11/2026 House House Third Reading Passed - No Amendments
04/10/2026 House House Third Reading Laid Over Daily - No Amendments
04/09/2026 House House Second Reading Special Order - Passed with Amendments - Committee
04/08/2026 House House Second Reading Special Order - Laid Over Daily - No Amendments
04/07/2026 House House Committee on Appropriations Refer Amended to House Committee of the Whole
04/02/2026 House Introduced In House - Assigned to Appropriations