S.1234

SSI Savings Penalty Elimination Act

Introduced·4/1/25
Introduced

S. 1234

Introduced in Senate · April 15, 2025

April 1 (

legislative day

, March 31), 2025

Ms. Cortez Masto (for herself, Mr. Cassidy, Mr. Wyden, Ms. Collins, Ms. Hassan, Mr. Lankford, Mrs. Murray, Ms. Murkowski, Mr. Whitehouse, and Mr. Scott of Florida) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend title XVI of the Social Security Act to update the resource limit for supplemental security income eligibility.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “SSI Savings Penalty Elimination Act”.