HR 4818 105th Congress House

Asset-Building for Working Americans Act

Official title: To provide that payments of the earned income tax credit are to be disregarded for 12 months in determining eligibility for benefits under the program of block… Show full official titleShow less

Official title: To provide that payments of the earned income tax credit are to be disregarded for 12 months in determining eligibility for benefits under the program of block grants to States for temporary assistance for needy families, the supplemental security income program, the Medicaid Program, and public housing programs.

Introduced: October 12, 1998 Introduced by: Thompson, Bennie G. Democratic · Mississippi See on congress.gov

Social Welfare Aid to dependent childrenCash welfare block grantsEarned income tax creditEconomics and Public Finance

More subjectsShow fewer subjects

FamiliesFederal aid to housingFinance and Financial SectorGovernment Operations and PoliticsHealthHousing and Community DevelopmentHousing subsidiesIncomeIncome taxMedicaidPersonal income taxPublic housingRent subsidiesRental housingSupplemental security income programTax refundsTaxationWelfare eligibility

Everywhere this bill has been 8 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Oct 20, 1998

Referred to the Subcommittee on Health and Environment, for a period to be subsequently determined by the Chairman.

Oct 12, 1998

Referred to the Subcommittee on Housing and Community Opportunity.

Oct 12, 1998

Referred to House Banking and Financial Services

Oct 12, 1998

Referred to House Commerce

Oct 12, 1998

Referred to the Committee on Ways and Means, and in addition to the Committees on Commerce, and Banking and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Oct 12, 1998

Referred to House Ways and Means

Oct 12, 1998

Sponsor introductory remarks on measure. (CR E2097)

Oct 12, 1998

Introduced in House

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Latest action October 20, 1998

Referred to the Subcommittee on Health and Environment, for a period to be subsequently determined by the Chairman.

Plain-English summary Congressional Research Service

Asset-Building for Working Americans Act - Amends part A (Temporary Assistance for Needy Families) (TANF) of title IV of the Social Security Act (SSA), as well as SSA titles XVI (Supplemental Security Income) (SSI) and XIX (Medicaid), to require States to disregard for the following 12-month period any refunds or advance payments of the earned income tax credit (EITC) in determining eligibility for benefits under TANF, SSI, and Medicaid. Establishes up to a two percent reduction in the next fiscal year's grant to any State as a penalty for failure to disregard such payments.

Amends the United States Housing Act of 1937 to require a similar disregard for EITC payments under public housing and rental assistance programs.

Bill text 1 version

Introduced in House Formatted Text PDF

Source documents hosted by congress.gov.

Committees of jurisdiction 5

Energy and Commerce Committee
House of Representatives
Financial Services Committee
House of Representatives
Health and Environment Subcommittee
House of Representatives · subcommittee of Energy and Commerce Committee
Housing and Insurance Subcommittee
House of Representatives · subcommittee of Financial Services Committee
Ways and Means Committee
House of Representatives

Cosponsors 6

Sanders, Bernard

Vermont · Oct 20, 1998

Clyburn, James E.

South Carolina · Oct 16, 1998

California · Oct 12, 1998

Scott, Robert C. "Bobby"

Virginia · Oct 12, 1998

Cite this page click to expand

APA

U.S. Congress. (2026). H.R. 4818: Asset-Building for Working Americans Act. 105th Congress. Open America. https://openamerica.io/bill/105-HR-4818/

MLA

"H.R. 4818: Asset-Building for Working Americans Act." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-4818/.

Bluebook (legal)

H.R. 4818, 105th Cong. (2026), https://openamerica.io/bill/105-HR-4818/.

Markdown link

[H.R. 4818: Asset-Building for Working Americans Act](https://openamerica.io/bill/105-HR-4818/)