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Increased Financial Aid: Higher Limits for Federal Programs.

This bill raises the amount of money citizens can have while still qualifying for federal financial assistance and other benefits. This means more people can receive support, even if they have slightly more savings. These changes aim to make aid programs more accessible.
Key points
The limit on financial resources that do not affect eligibility for federal aid increases from $2,000 to $5,000.
More individuals will be able to qualify for support programs, such as financial assistance and other federal benefits.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_2616
Sponsor: Sen. Smith, Tina [D-MN]
Process start date: 2025-07-31
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

A bill to amend the Act of October 19, 1973, to increase the maximum dollar amount of per capita shares for purposes of eligibility for financial assistance or other benefits under Federal or federally assisted programs, and for other purposes.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_2616.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2025-07-31.

What are the main provisions?

Key points include:

  • The limit on financial resources that do not affect eligibility for federal aid increases from $2,000 to $5,000.
  • More individuals will be able to qualify for support programs, such as financial assistance and other federal benefits.
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 Sen. Smith, Tina [D-MN].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-23.

CATEGORIES

Benefits