H.R. 10023

ASSET Act

2 cosponsors

Where it stands

Introduced Aug 3
Committee Now
House of Representatives —
Senate —
Law —

Introduced Aug 3
Committee Now
House of Representatives —
Senate —
Law —

Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and 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. (Aug 3)

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Text of the bill

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Sec. 1. Short title; table of contents

Sec. 2. Findings; sense of Congress

Sec. 3. States prohibited from imposing asset limits on programs funded by Temporary Assistance for Needy Families (TANF) grants

Sec. 4. Eliminating asset limits in supplemental nutrition assistance program

Sec. 5. Eliminating asset limit in Low-Income Home Energy Assistance Program (LIHEAP)

Sec. 6. Updating and indexing the resource limit for supplemental security income (SSI)

Sec. 7. Effective date

Except as otherwise provided, the amendments made by this Act shall apply to benefits for calendar months beginning on or after the date that is 30 days after the date of enactment of this Act.