Removes savings limits for federal aid, helping families keep more money for emergencies.
This bill would end asset limits for several federal aid programs like food assistance (SNAP), cash aid (TANF), and energy help (LIHEAP). It would also significantly raise the amount of savings people can have and still get Supplemental Security Income (SSI), adjusting it for inflation each year. This means more low-income families could save money without losing their benefits.
Today, many federal aid programs like TANF, SNAP, and LIHEAP have limits on how much money or property people can have to get help. The SSI program has resource limits of $2,250 for individuals and $1,500 for couples. If this bill becomes law, asset limits would be removed entirely for TANF, SNAP, and LIHEAP. For SSI, the resource limits would increase to $20,000 for individuals and $10,000 for couples in 2026. These amounts would be adjusted for inflation every year after that.
S 5186 · 119th Congress · AI Summary by gemini-2.5-flash · 9/10
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