HR 3822 117th Congress House Social Welfare Employment and training programs Energy assistance for the poor and aged Food assistance and relief Inflation and prices Marriage and family status Poverty and welfare assistance State and local government operations

ASSET Act

Introduced: June 11, 2021 Introduced by: Gomez, Jimmy Democratic · California See on congress.gov

Everywhere this bill has been 5 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 15, 2021

Referred to the Subcommittee on Nutrition, Oversight, and Department Operations.

Jun 14, 2021

Referred to the Subcommittee on Energy.

Jun 11, 2021

Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and Labor, 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.

Jun 11, 2021

Introduced in House

Jun 11, 2021

Referred to the Subcommittee on Worker and Family Support.

Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

Plain-English summary Congressional Research Service

Allowing Steady Savings by Eliminating Tests Act or the ASSET Act

This bill prohibits the use of asset tests or resource limits in certain means-tested public assistance programs and increases the resource limits to qualify for Supplemental Security Income (SSI). SSI is a federal income supplement program designed to help aged, blind, and disabled individuals with limited income and resources meet basic needs.

Under the bill, states may not use asset or resource limits to determine eligibility for (1) programs funded by Temporary Assistance for Needy Families grants, (2) the Supplemental Nutrition Assistance Program, or (3) the Low-Income Home Energy Assistance Program.

In addition, an individual may have up to $10,000 in certain resources (or up to $20,000 for a couple) and qualify for SSI. Under current law, the limit is $2,000 for an individual (or $3,000 for a couple).

What's happening now July 15, 2021

Referred to the Subcommittee on Nutrition, Oversight, and Department Operations.

Related & companion bills 1

Bill text 1 version

Introduced in House Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 7

Agriculture Committee
House of Representatives
Education and Workforce Committee
House of Representatives
Energy and Commerce Committee
House of Representatives
Energy Subcommittee
House of Representatives · subcommittee of Energy and Commerce Committee
Nutrition and Foreign Agriculture Subcommittee
House of Representatives · subcommittee of Agriculture Committee
Ways and Means Committee
House of Representatives
Work and Welfare Subcommittee
House of Representatives · subcommittee of Ways and Means Committee