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A bill to amend the Act of October 19, 1973, to increase the maximum dollar amount of per capita shares for purposes of eligibility for financial assistance or other benefits under Federal or federally assisted programs, and for other purposes.

USA119th CongressS-2616| Senate 
| Updated: 7/31/2025
Tina Smith

Tina Smith

Democratic Senator

Minnesota

Cosponsors (1)
Amy Klobuchar (Democratic)

Finance Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill proposes to amend Section 7 of the Act of October 19, 1973, primarily to increase the maximum dollar amount of per capita shares. The current limit of $2,000 , used for determining eligibility for financial assistance or other benefits under Federal or federally assisted programs, would be raised to $5,000 . This adjustment is intended to update the financial threshold, potentially allowing more individuals to qualify for essential federal support. The bill also includes minor technical corrections to the language within the same section of the Act.
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Timeline
Jul 31, 2025
Introduced in Senate
Jul 31, 2025
Read twice and referred to the Committee on Finance.
  • July 31, 2025
    Introduced in Senate


  • July 31, 2025
    Read twice and referred to the Committee on Finance.

Taxation

A bill to amend the Act of October 19, 1973, to increase the maximum dollar amount of per capita shares for purposes of eligibility for financial assistance or other benefits under Federal or federally assisted programs, and for other purposes.

USA119th CongressS-2616| Senate 
| Updated: 7/31/2025
This bill proposes to amend Section 7 of the Act of October 19, 1973, primarily to increase the maximum dollar amount of per capita shares. The current limit of $2,000 , used for determining eligibility for financial assistance or other benefits under Federal or federally assisted programs, would be raised to $5,000 . This adjustment is intended to update the financial threshold, potentially allowing more individuals to qualify for essential federal support. The bill also includes minor technical corrections to the language within the same section of the Act.
View Full Text

Suggested Questions

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

Timeline
Jul 31, 2025
Introduced in Senate
Jul 31, 2025
Read twice and referred to the Committee on Finance.
  • July 31, 2025
    Introduced in Senate


  • July 31, 2025
    Read twice and referred to the Committee on Finance.
Tina Smith

Tina Smith

Democratic Senator

Minnesota

Cosponsors (1)
Amy Klobuchar (Democratic)

Finance Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted