CONGRESS FOR VOTERS

Danny Davis (D-IL)

SSI Savings Penalty Elimination Act

H.R. 2540 · House bill Social Welfare

A Democratic bill with 21 Republican cosponsors · See all 41 cosponsors

Last activity — Referred to the House Committee on Ways and Means.

In committee

Introduced and handed to a committee in the chamber it started in.

The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.

Its path through Congress

  1. Introduced
  2. In Committee

What this bill would do

This bill, known as the ``SSI Savings Penalty Elimination Act'', seeks to amend title XVI of the Social Security Act. It focuses on updating the resource limits required for supplemental security income eligibility. The legislation proposes increasing the resource limit for individuals and couples for the 2025 calendar year. Additionally, it establishes a mechanism for these limits to increase in subsequent years based on inflation adjustments.

Yes· 3 of 6

  • Scored +8

    Would households on low incomes be better off under this?

    The bill directly benefits low-income households by allowing them to hold more assets while remaining eligible for SSI.

  • Scored +8

    Would people with disabilities be better off under this?

    Increasing the SSI resource limit provides significant financial relief to people with disabilities.

  • Scored +7

    Would people over 65 be better off under this?

    The increase in resource limits benefits low-income seniors relying on SSI.

The opposite

No question was scored the opposite.