Establishes deadlines for the obligation and expenditure of funds and allows states to set aside funds for future use under the Temporary Assistance.
The bill amends part A of title IV of the Social Security Act to set deadlines for states to obligate and expend funds under the Temporary Assistance for Needy Families program. States must obligate funds within one fiscal year and expend them within two fiscal years. States can reserve up to 15% of funds for future use, but no more than 50% of the previous fiscal year's total amount. The changes take effect on October 1, 2026.
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