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.
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.
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Introduced in Senate
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.