HR5468-118

Introduced

To amend the Social Security Act, the Food and Nutrition Act of 2008, and the Low-Income Home Energy Assistance Act of 1981 to require that the value of children’s savings accounts be disregarded for the purpose of determining eligibility to receive certain benefits under such Acts, and for other purposes.

118th Congress Introduced Sep 14, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

This bill, To amend the Social Security Act, the Food and Nutrition Act of 2008, and the Low-Income Home Energy Assistance Act of 1981 to require that the value of children’s savings accounts be disregarded for the purpose of determining eligibility to receive certain benefits under such Acts, and for other purposes., changes federal law or congressional policy affecting schools, students, and education providers. The main policy domain is Education, Social Welfare, Finance.

Who Benefits and How

schools, students, and education providers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.

Who Bears the Burden and How

federal implementing agencies, schools, students, and education providers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.

Key Provisions

  • Section H920AD6700ECF4AA092FF506040FB76D1: 1. Short title This Act may be cited as the Children’s Savings Accounts Offer Parents Plenty Of Reasons To Understand and Invest in Tuition Yearly Act or the...
  • Section H1E4EA84438D143C9AB742CCCD2D093C9: 2. Definitions In this Act: The term children’s savings account program refers to a program created or organized by a State, local, or Federal Government, a...
  • Section H0C9CEAA7CEB449B5A4492CC040EC95E7: 101. Interest in, and distribution from children’s savings accounts required to be disregarded under the TANF program Section 408(a) of the Social Security Act...
  • Section H4FB5AA1C73D04629AE5AD533ED602C1B: 102. Exclusion of children’s savings accounts from resources under the SSI program Section 1613(a) of the Social Security Act (42 U.S.C. 1382b(a)) is amended—...
  • Section HA135369B68984D9C83E3C2D1EB17E087: 201. Exclusion of children’s savings accounts from resources under the supplemental nutrition assistance program Section 5(g) of the Food and Nutrition Act of...

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

This bill, To amend the Social Security Act, the Food and Nutrition Act of 2008, and the Low-Income Home Energy Assistance Act of 1981 to require that the value of children’s savings accounts be disregarded for the purpose of determining eligibility to receive certain benefits under such Acts, and for other purposes., changes federal law or congressional policy affecting schools, students, and education providers.

Key Policy Areas

Education, Social Welfare, Finance

Primary Purpose

This bill, To amend the Social Security Act, the Food and Nutrition Act of 2008, and the Low-Income Home Energy Assistance Act of 1981 to require that the value of children’s savings accounts be disregarded for the purpose of determining eligibility to receive certain benefits under such Acts, and for other purposes., changes federal law or congressional policy affecting schools, students, and education providers.

Policy Domains

Education Social Welfare Finance

Whole bill

Identified Gains
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
schools, students, and education providers: ,
Identified Costs
  • federal implementing agencies
  • schools, students, and education providers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,
schools, students, and education providers: ,

Legislative Progress

Introduced
Introduced Committee Passed
Sep 14, 2023

Mr. Cartwright (for himself, Ms. Strickland, Mr. Grijalva, Ms. Norton, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Education Social Welfare Finance
Actor Mappings
"the_secretary"
→ The Secretary identified in the operative section

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology