Senior Savings Protection Act
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To President
- Became Law
Overview
The Senior Savings Protection Act aims to provide increased funding for outreach and assistance programs that support low-income seniors. Specifically, it extends funding for state health insurance assistance programs, area agencies on aging, aging and disability resource centers, and efforts to inform seniors about available benefits. The bill allocates specific dollar amounts for these programs over a five-year period, from 2026 to 2030.
Key provisions
- Extends funding for state health insurance assistance programs.
- Increases funding for area agencies on aging.
- Provides additional funding for aging and disability resource centers.
- Allocates funds for coordinating efforts to inform older Americans about benefits.
Who is affected
- Low-income seniors
- State health insurance assistance programs
- Area agencies on aging
- Aging and disability resource centers
Notable changes
- Increases funding levels for specified programs.
- Establishes funding levels for fiscal years 2026 through 2030.
Fiscal impact
The bill allocates $15,000,000 per year for state health insurance assistance programs and area agencies on aging, and $5,000,000 per year for aging and disability resource centers, from fiscal years 2026 through 2030.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
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