A Resolution urging the Congress of the United States to pass H.R. 2540, the SSI Savings Penalty Elimination Act, and increase resource limits for Supplemental Security Income.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This resolution urges the U.S. Congress to pass H.R. 2540, the SSI Savings Penalty Elimination Act, which would increase the resource limits for Supplemental Security Income (SSI). Currently, SSI eligibility is restricted by limits on countable resources, and these limits haven't been adjusted for inflation in decades. The resolution highlights the negative impact of these limits on recipients, potentially preventing them from receiving benefits or causing them to lose existing benefits, and emphasizes the potential benefits of increased resource limits for individuals with disabilities and seniors.
Key provisions
- Urges Congress to pass H.R. 2540, the SSI Savings Penalty Elimination Act.
- Calls for an increase in SSI resource limits.
- Specifically proposes increasing resource limits to $10,000 for individuals and $20,000 for couples.
- Acknowledges the current resource limits haven't been adjusted for inflation since 1989.
- Highlights the impact of resource limits on individuals and couples, potentially leading to benefit loss or preventing eligibility.
- Notes that approximately 70,000 people see a reduction in benefits and 40,000 people see their benefits terminated each year due to exceeding resource limits.
- Mentions that the proposed legislation is bipartisan and has endorsements from various organizations.
- Requests transmission of the resolution to relevant Congressional committees.
Who is affected
Bill text
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Document of record
- Version
- Pn 2794 Html
- Published
- Not published in the source record
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Sponsors
Official sponsors from legislative records.
9 on record
Primary sponsor
Joseph Hohenstein
Cosponsors
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