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HOUSE 5408118th CongressReferred to the Subcommittee on Work and Welfare.

SSI Savings Penalty Elimination Act

Last Action
12/17/2024

Actions

  • 2024-12-17Referred to the Subcommittee on Work and Welfare.
  • 2024-02-05ASSUMING FIRST SPONSORSHIP - Mr. Davis (IL) asked unanimous consent that he may hereafter be considered as the first sponsor of H.R. 5408, a bill originally introduced by Representative Higgins (NY), for the purpose of adding cosponsors and requesting reprintings pursuant to clause 7 of rule XII. Agreed to without objection.
  • 2023-09-12Referred to the House Committee on Ways and Means.
  • 2023-09-12Introduced in House
  • 2023-09-12Introduced in House

CRS Summary

As of 2023-09-12 (00)

SSI Savings Penalty Elimination Act

This bill increases resource limits used to determine eligibility for the Supplemental Security Income (SSI) program. SSI is a federal assistance program that provides monthly cash payments to aged, blind, or disabled individuals with limited income and resources.

Specifically, the bill increases the resource limits from $2,000 to $10,000 for individuals and from $3,000 to $20,000 for married couples. The bill annually adjusts the limits for inflation.

Cosponsors (20)

  • Brian Fitzpatrick (R-PA)
  • Daniel Kildee (D-MI)
  • Michael Lawler (R-NY)
  • EARL BLUMENAUER (D-OR)
  • Marcus Molinaro (R-NY)
  • Ann Wagner (R-MO)
  • Mary Scanlon (D-PA)
  • Glenn Grothman (R-WI)
  • Nanette Barragan (D-CA)
  • Vern Buchanan (R-FL)
  • Josh Gottheimer (D-NJ)
  • Derrick Van Orden (R-WI)
  • Seth Moulton (D-MA)
  • Monica De La Cruz (R-TX)
  • ELEANOR NORTON (D-DC)
  • Val Hoyle (D-OR)
  • Lori Chavez-DeRemer (R-OR)
  • Nicole Malliotakis (R-NY)
  • Christopher Deluzio (D-PA)
  • Rick Larsen (D-WA)

Subjects

  • Disability and paralysis
  • Disability assistance
  • Inflation and prices
  • Poverty and welfare assistance
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