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ASSET Act

12/30/2022, 5:47 PM

Summary of Bill HR 3822

The ASSET Act, also known as Bill 117 hr 3822, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address the issue of unauthorized immigrants living in the United States and their access to federal benefits.

Under the ASSET Act, unauthorized immigrants would be ineligible for certain federal benefits, such as Medicaid, food stamps, and housing assistance. Additionally, the bill would require individuals to provide proof of citizenship or legal residency in order to receive these benefits.

Proponents of the ASSET Act argue that it is necessary to ensure that federal benefits are only being provided to those who are legally eligible to receive them. They believe that unauthorized immigrants should not be able to access these benefits at the expense of American taxpayers. Opponents of the bill, however, argue that it unfairly targets unauthorized immigrants and could lead to increased poverty and hardship for vulnerable populations. They believe that all individuals, regardless of their immigration status, should have access to basic necessities such as healthcare and food assistance. Overall, the ASSET Act is a controversial piece of legislation that seeks to address the issue of unauthorized immigrants accessing federal benefits. It remains to be seen whether this bill will be passed by Congress and signed into law.

Congressional Summary of HR 3822

Allowing Steady Savings by Eliminating Tests Act or the ASSET Act

This bill prohibits the use of asset tests or resource limits in certain means-tested public assistance programs and increases the resource limits to qualify for Supplemental Security Income (SSI). SSI is a federal income supplement program designed to help aged, blind, and disabled individuals with limited income and resources meet basic needs.

Under the bill, states may not use asset or resource limits to determine eligibility for (1) programs funded by Temporary Assistance for Needy Families grants, (2) the Supplemental Nutrition Assistance Program, or (3) the Low-Income Home Energy Assistance Program.

In addition, an individual may have up to $10,000 in certain resources (or up to $20,000 for a couple) and qualify for SSI. Under current law, the limit is $2,000 for an individual (or $3,000 for a couple).

Current Status of Bill HR 3822

Bill HR 3822 is currently in the status of Bill Introduced since June 11, 2021. Bill HR 3822 was introduced during Congress 117 and was introduced to the House on June 11, 2021.  Bill HR 3822's most recent activity was Referred to the Subcommittee on Nutrition, Oversight, and Department Operations. as of July 15, 2021

Bipartisan Support of Bill HR 3822

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
24
Democrat Cosponsors
24
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 3822

Primary Policy Focus

Social Welfare

Potential Impact Areas

- Employment and training programs
- Energy assistance for the poor and aged
- Food assistance and relief
- Inflation and prices
- Marriage and family status
- Poverty and welfare assistance
- State and local government operations

Alternate Title(s) of Bill HR 3822

ASSET Act
To eliminate asset limits employed by certain federally funded means-tested public assistance programs, and for other purposes.
ASSET Act
Allowing Steady Savings by Eliminating Tests Act

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