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Increase in resource limits for SSI eligibility

This bill updates the resource limits used to determine eligibility for the Supplemental Security Income (SSI) program. According to the text, the limit for individuals increases from $2,250 to $20,000, and for couples (per the section heading and corresponding subparagraph), it increases from $1,500 to $10,000 in calendar year 2025. Named the SSI Savings Penalty Elimination Act, the bill also establishes a mechanism to annually adjust these amounts for inflation (CPI) in subsequent years.
Key points
The resource limit for individuals eligible for SSI increases from $2,250 to $20,000.
The resource limit for couples eligible for SSI increases from $1,500 to $10,000.
New limits will be adjusted annually based on the Consumer Price Index (inflation).
The change aims to update eligibility criteria for the SSI program.
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Introduced
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Additional Information
Print number: 119_HR_2540
Sponsor: Rep. Davis, Danny K. [D-IL-7]
Process start date: 2025-04-01
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Summarized by: gemini-3-pro-preview
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

SSI Savings Penalty Elimination Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_2540.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-04-01.

What are the main provisions?

Key points include:

  • The resource limit for individuals eligible for SSI increases from $2,250 to $20,000.
  • The resource limit for couples eligible for SSI increases from $1,500 to $10,000.
  • New limits will be adjusted annually based on the Consumer Price Index (inflation).
  • The change aims to update eligibility criteria for the SSI program.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Davis, Danny K. [D-IL-7].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-24.

CATEGORIES

Benefits Economy