H.R.5783 - CSA OPPORTUNITY Act113th Congress (2013-2014)
|Sponsor:||Rep. Cartwright, Matt [D-PA-17] (Introduced 12/03/2014)|
|Committees:||House - Ways and Means; Agriculture; Energy and Commerce; Education and the Workforce|
|Latest Action:||House - 12/19/2014 Referred to the Subcommittee on Health. (All Actions)|
This bill has the status Introduced
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Summary: H.R.5783 — 113th Congress (2013-2014)All Information (Except Text)
Introduced in House (12/03/2014)
Children's Savings Accounts Offer Parents Plenty of Reasons to Understand and Invest in Tuition Yearly Act or the CSA OPPORTUNITY Act - Amends part A (Temporary Assistance for Needy Families) (TANF) of title IV of the Social Security Act (SSA) to direct a state receiving a TANF grant to disregard the value of any interest in, or distribution from, a qualified tuition program, as well as the value of a child's savings account, in determining individual or family TANF eligibility or the amount or type of assistance.
Amends SSA title XVI (Supplemental Security Income) (SSI) to exclude from an individual's resources for SSI eligibility or benefit purposes the value of any interest in, or distribution from, a qualified tuition program as well as the value of a child's savings account.
Amends the Food and Nutrition Act of 2008 to direct the Secretary of Agriculture to exclude any child's savings accounts from resources for eligibility and benefit purposes under the supplemental nutrition assistance program (SNAP, formerly the food stamp program).
Amends the Low-Income Home Energy Assistance Act of 1981 to exclude from household income any child's savings accounts from resources for eligibility and benefit purposes under the low-income home energy assistance program.
Prescribes penalties for noncompliance.