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Ending Asset Limits for Public Assistance Programs

This bill aims to make it easier for low-income families to save money without losing access to crucial public assistance programs like aid for needy families, food stamps, and energy bill assistance. It also increases savings limits for individuals receiving disability or age-related support, allowing them greater financial stability.
Key points
Eliminates asset limits for Temporary Assistance for Needy Families (TANF), Supplemental Nutrition Assistance Program (SNAP), and Low Income Home Energy Assistance Program (LIHEAP).
Increases and indexes the resource limit for Supplemental Security Income (SSI) recipients.
Allows families to build savings for unexpected expenses without risking loss of benefits.
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Status:
Expired
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Additional Information
Print number: 117_HR_3822
Sponsor: Rep. Gomez, Jimmy [D-CA-34]
Process start date: 2021-06-11