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HR 4818 105th Congress House Social Welfare Aid to dependent children Cash welfare block grants Earned income tax credit Economics and Public Finance Families Federal aid to housing Finance and Financial Sector Government Operations and Politics Health Housing and Community Development Housing subsidies Income Income tax Medicaid Personal income tax Public housing Rent subsidies Rental housing Supplemental security income program

Asset-Building for Working Americans Act

Introduced: October 12, 1998 Introduced by: Thompson, Bennie G. Democratic · Mississippi See on congress.gov
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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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 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.

What's happening now October 20, 1998

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

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 5
 Cosponsors 4
All 4 Democratic 3 Independent 1
I
Sanders, Bernard
Vermont · Oct 20, 1998
 D
Clyburn, James E.
South Carolina · Oct 16, 1998
 D
Pelosi, Nancy
California · Oct 12, 1998
 D
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/)
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