H.R. 10023 · Where this bill is now
In committee
Introduced in the House, sent to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and 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, Aug 3, 2026
2nd SessionH. R. 10023
A BILL
ASSET Act
Sponsor: Rep. Jimmy Gomez (D-CA-34) · Introduced Aug 3, 2026 · Social Welfare · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Aug 3, 2026: “Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and 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.”
Sections
Sections · 7
- Sec. 1Short title; table of contentsNo change
- Sec. 2Findings; sense of CongressNo change
- Sec. 3States prohibited from imposing asset limits on programs funded by Temporary Assistance for Needy Families (TANF) grantsNo change
- Sec. 4Eliminating asset limits in supplemental nutrition assistance programNo change
- Sec. 5Eliminating asset limit in Low-Income Home Energy Assistance Program (LIHEAP)No change
- Sec. 6Updating and indexing the resource limit for supplemental security income (SSI)No change
- Sec. 7Effective dateNo change