118th Congress Social Welfare
H.R. 5468: CSA OPPORTUNITY Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill excludes the value of certain children's savings accounts, provided they meet specified requirements, when determining eligibility for particular means-tested federal programs.
To be excluded, the savings account must be created as part of a program organized by a government, nonprofit, school district, or college or university and meet other administrative criteria. Furthermore, proceeds of the account may only be used for postsecondary educational expenses, the purchase of a first home, or costs associated with starting a business once the individual receives a secondary school diploma or equivalent.
Programs subject to this bill are the Supplemental Nutrition Assistance Program (SNAP), Temporary Assistance for Needy Families (TANF), Supplemental Security Income for the Aged, Blind, and Disabled (SSI), and the Low-Income Home Energy Assistance Program (LIHEAP). If a state considers the value of children’s savings accounts in determining TANF eligibility in violation of this bill, the Department of Health and Human services is directed to reduce the state’s TANF grant for the next fiscal year.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Raúl Grijalva D-AZOriginal
- Eleanor Norton D-DCOriginal
- Marilyn Strickland D-WAOriginal
- Bennie Thompson D-MSOriginal
- Adam Smith D-WA
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Other bills by Matthew Cartwright
History
- Introduced in the House by Matthew Cartwright.
Show the full action history (4 actions)
- Referred to the Subcommittee on Nutrition, Foreign Agriculture, and Horticulture.
- Referred to the Subcommittee on Health.
- Introduced in House
- Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Education and the Workforce, and Energy and Commerce, 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.