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Family Support: New Funding Rules and State Reserves

This act sets new deadlines for states to spend federal funds allocated for temporary assistance to needy families. It also allows states to set aside a portion of these funds for future use, potentially increasing the stability of aid programs. This aims to make family support programs more predictable and resilient to sudden changes.
Key points
States will have specific deadlines to obligate and expend federal funds for family assistance, enhancing transparency.
States can reserve up to 15% of received funds for future use, creating a "rainy day fund" for support programs.
The total amount a state can hold in reserve is capped at 50% of the previous year's grant, providing flexibility in fund management.
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Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_HR_2359
Sponsor: Rep. Carey, Mike [R-OH-15]
Process start date: 2025-03-26