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ASSET Act
12/30/2022, 5:47 PM
Summary of Bill HR 3822
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).





