118th Congress · HOUSE BILLBILL

H.R. 5468CSA OPPORTUNITY Act

To amend the Social Security Act, the Food and Nutrition Act of 2008, and the Low-Income Home Energy Assistance Act of 1981 to require that the value of children's savings accounts be disregarded for the purpose of determining eligibility to receive certain benefits under such Acts, and for other purposes.

Social welfare
Introduced Sep 14, 2023
Last action Sep 26, 2023
Pipeline · Bill → Law
Step 1
Introduced
Sep 14, 2023
Step 2
Referred
Sep 26, 2023
Agriculture · Education and Workforce · E&C +1
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS 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 Progra...

Provisions · 6 sectionsIntroduced in House
2 provisions
1 provision
1 provision
Timeline · 7 actions
Sep 26, 2023
Referred to the Subcommittee on Nutrition, Foreign Agriculture, and Horticulture.
Sep 15, 2023
Referred to the Subcommittee on Health.
Sep 14, 2023
Introduced in House
Sep 14, 2023
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.
Sep 14, 2023
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.
Sep 14, 2023
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.
Sep 14, 2023
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.