CSA OPPORTUNITY Act

Bill: 114-hr-5214
Sponsor: Rep. Cartwright, Matt [D-PA-17]
Introduced: 2016-05-12 in the House
Policy area: Social Welfare
Subjects: Bank accounts, deposits, capital
Energy assistance for the poor and aged
Food assistance and relief
Higher education
Income tax exclusion
Poverty and welfare assistance
Student aid and college costs

Summary:
action_date: 2016-05-12
text: 

Children's Savings Accounts Offer Parents Plenty of Reasons to Understand and Invest in Tuition Yearly Act or the CSA OPPORTUNITY Act 

 
This bill amends part A (Temporary Assistance for Needy Families) (TANF) of title IV of the Social Security Act (SSAct) to direct a state receiving a TANF grant to disregard the value of any interest in, or distribution from, a qualified tuition program, as well as the value of a child's savings account, in determining individual or family TANF eligibility or the amount or type of assistance.
 
SSAct title XVI (Supplemental Security Income) (SSI) is amended to exclude from an individual's resources for SSI eligibility or benefit purposes the value of any interest in, or distribution from, a qualified tuition program as well as the value of a child's savings account.
 
 The Food and Nutrition Act of 2008 is amended to direct the Department of Agriculture to exclude any child's savings accounts from resources for eligibility and benefit purposes under the supplemental nutrition assistance program (SNAP, formerly the food stamp program).
 
 The Low-Income Home Energy Assistance Act of 1981 is amended to exclude from household income any child's savings accounts from resources for eligibility and benefit purposes under the low-income home energy assistance program.
 
 The bill prescribes penalties for noncompliance.


Legislative actions:
action_date: 2016-09-19
text: Referred to the Subcommittee on Early Childhood, Elementary, and Secondary Education.
action_date: 2016-05-20
text: Referred to the Subcommittee on Nutrition.
action_date: 2016-05-17
text: Referred to the Subcommittee on Human Resources.
action_date: 2016-05-13
text: Referred to the Subcommittee on Energy and Power.
action_date: 2016-05-12
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and the Workforce, 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.
action_date: 2016-05-12
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and the Workforce, 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.
action_date: 2016-05-12
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and the Workforce, 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.
action_date: 2016-05-12
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and the Workforce, 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.
action_date: 2016-05-12
text: Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and the Workforce, 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.
action_date: 2016-05-12
text: Introduced in House
action_date: 2016-05-12
text: Introduced in House