HR 5408
118th Congress
House
Social Welfare
Disability and paralysis
Disability assistance
Inflation and prices
Poverty and welfare assistance
SSI Savings Penalty Elimination Act
Introduced: September 12, 2023
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 17, 2024
Referred to the Subcommittee on Work and Welfare.
Feb 5, 2024
ASSUMING 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.
Sep 12, 2023
Referred to the House Committee on Ways and Means.
Sep 12, 2023
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the Subcommittee on Work and Welfare.
Committees of jurisdiction
2