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SSI Savings Penalty Elimination Act

USA118th CongressHR-5408| House 
| Updated: 12/17/2024
Brian Higgins

Brian Higgins

Democratic Representative

New York

Cosponsors (35)
Dusty Johnson (Republican)Mike Garcia (Republican)Christopher R. Deluzio (Democratic)Patrick Ryan (Democratic)Greg Landsman (Democratic)John James (Republican)Daniel T. Kildee (Democratic)Ted Lieu (Democratic)Ro Khanna (Democratic)Christopher H. Smith (Republican)Ann Wagner (Republican)Glenn Grothman (Republican)Eleanor Holmes Norton (Democratic)Val T. Hoyle (Democratic)Anthony D'Esposito (Republican)Mary Gay Scanlon (Democratic)Marcus J. Molinaro (Republican)Brandon Williams (Republican)Salud O. Carbajal (Democratic)Mary E. Miller (Republican)Derrick Van Orden (Republican)Rick Larsen (Democratic)Brian K. Fitzpatrick (Republican)Earl Blumenauer (Democratic)Seth Moulton (Democratic)Monica De La Cruz (Republican)Josh Gottheimer (Democratic)Zoe Lofgren (Democratic)Nanette Diaz Barragán (Democratic)Michael Lawler (Republican)Tracey Mann (Republican)Mike Levin (Democratic)Lori Chavez-DeRemer (Republican)Nicole Malliotakis (Republican)Vern Buchanan (Republican)

Ways and Means Committee, Work and Welfare Subcommittee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
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Timeline
Sep 12, 2023

Latest Companion Bill Action

S 118-2767
Introduced in Senate
Sep 12, 2023
Introduced in House
Sep 12, 2023
Referred to the House Committee on Ways and Means.
Feb 6, 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.
Dec 17, 2024
Referred to the Subcommittee on Work and Welfare.
  • September 12, 2023

    Latest Companion Bill Action

    S 118-2767
    Introduced in Senate


  • September 12, 2023
    Introduced in House


  • September 12, 2023
    Referred to the House Committee on Ways and Means.


  • February 6, 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.


  • December 17, 2024
    Referred to the Subcommittee on Work and Welfare.

Social Welfare

Related Bills

  • S 118-2767: SSI Savings Penalty Elimination Act
  • HR 118-7138: Supplemental Security Income Restoration Act of 2024
Disability and paralysisDisability assistanceInflation and pricesPoverty and welfare assistance

SSI Savings Penalty Elimination Act

USA118th CongressHR-5408| House 
| Updated: 12/17/2024
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Sep 12, 2023

Latest Companion Bill Action

S 118-2767
Introduced in Senate
Sep 12, 2023
Introduced in House
Sep 12, 2023
Referred to the House Committee on Ways and Means.
Feb 6, 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.
Dec 17, 2024
Referred to the Subcommittee on Work and Welfare.
  • September 12, 2023

    Latest Companion Bill Action

    S 118-2767
    Introduced in Senate


  • September 12, 2023
    Introduced in House


  • September 12, 2023
    Referred to the House Committee on Ways and Means.


  • February 6, 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.


  • December 17, 2024
    Referred to the Subcommittee on Work and Welfare.
Brian Higgins

Brian Higgins

Democratic Representative

New York

Cosponsors (35)
Dusty Johnson (Republican)Mike Garcia (Republican)Christopher R. Deluzio (Democratic)Patrick Ryan (Democratic)Greg Landsman (Democratic)John James (Republican)Daniel T. Kildee (Democratic)Ted Lieu (Democratic)Ro Khanna (Democratic)Christopher H. Smith (Republican)Ann Wagner (Republican)Glenn Grothman (Republican)Eleanor Holmes Norton (Democratic)Val T. Hoyle (Democratic)Anthony D'Esposito (Republican)Mary Gay Scanlon (Democratic)Marcus J. Molinaro (Republican)Brandon Williams (Republican)Salud O. Carbajal (Democratic)Mary E. Miller (Republican)Derrick Van Orden (Republican)Rick Larsen (Democratic)Brian K. Fitzpatrick (Republican)Earl Blumenauer (Democratic)Seth Moulton (Democratic)Monica De La Cruz (Republican)Josh Gottheimer (Democratic)Zoe Lofgren (Democratic)Nanette Diaz Barragán (Democratic)Michael Lawler (Republican)Tracey Mann (Republican)Mike Levin (Democratic)Lori Chavez-DeRemer (Republican)Nicole Malliotakis (Republican)Vern Buchanan (Republican)

Ways and Means Committee, Work and Welfare Subcommittee

Social Welfare

Related Bills

  • S 118-2767: SSI Savings Penalty Elimination Act
  • HR 118-7138: Supplemental Security Income Restoration Act of 2024
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Disability and paralysisDisability assistanceInflation and pricesPoverty and welfare assistance