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HR 5214 114th Congress House Social Welfare Bank accounts, deposits, capital Energy assistance for the poor and aged Food assistance and relief Higher education Income tax exclusion Poverty and welfare assistance Student aid and college costs

CSA OPPORTUNITY Act

Introduced: May 12, 2016 See on congress.gov
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 Everywhere this bill has been 6 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 19, 2016
Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
May 20, 2016
Referred to the Subcommittee on Nutrition.
May 17, 2016
Referred to the Subcommittee on Human Resources.
May 13, 2016
Referred to the Subcommittee on Energy and Power.
May 12, 2016
Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and the Workforce, 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.
May 12, 2016
Introduced in House
 Plain-English summary Congressional Research Service

Children's Savings Accounts Offer Parents Plenty of Reasons to Understand and Invest in Tuition Yearly Act or the CSA OPPORTUNITY Act

This bill amends part A (Temporary Assistance for Needy Families) (TANF) of title IV of the Social Security Act (SSAct) to direct a state receiving a TANF grant to disregard the value of any interest in, or distribution from, a qualified tuition program, as well as the value of a child's savings account, in determining individual or family TANF eligibility or the amount or type of assistance.

SSAct title XVI (Supplemental Security Income) (SSI) is amended to exclude from an individual's resources for SSI eligibility or benefit purposes the value of any interest in, or distribution from, a qualified tuition program as well as the value of a child's savings account.

The Food and Nutrition Act of 2008 is amended to direct the Department of Agriculture to exclude any child's savings accounts from resources for eligibility and benefit purposes under the supplemental nutrition assistance program (SNAP, formerly the food stamp program).

The Low-Income Home Energy Assistance Act of 1981 is amended to exclude from household income any child's savings accounts from resources for eligibility and benefit purposes under the low-income home energy assistance program.

The bill prescribes penalties for noncompliance.

What's happening now September 19, 2016

Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.

 Committees of jurisdiction 8
 Cosponsors 4
All 4 Democratic 4