HR 271 · 115th Congress · Social Welfare
Stephanie Tubbs Jones Assets for Independence Reauthorization Act of 2017
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Human Resources.(2017-01-13)
Plain Language Summary
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Stephanie Tubbs Jones Assets for Independence Reauthorization Act of 2017 This bill reauthorizes through FY2022 and otherwise amends the Assets for Independence Act, which provides for demonstration projects to fund individual development accounts (IDAs). (IDAs are matched savings accounts through which low-income individuals may save targeted amounts for qualifying purposes such as first-time home ownership or post-secondary education.) With respect to IDAs, the bill expands: (1) qualifying educational expenses; and (2) qualifying expenses for home replacement, repair, or improvement. In addition, with respect to demonstration projects, the bill: (1) requires the Department of Health and Human Services (HHS) to give special consideration to applications from victims of domestic violence, individuals who are or have been in foster care, and certain other categories of individuals; (2) revises income-eligibility requirements; (3) modifies procedures related to terminated projects; and (4) revises other specified requirements and limitations. An individual who is a recent or current victim of domestic violence shall not, for purposes of project participation, fail to qualify as a fir…
Summarized by Claude AI · Non-partisan · For informational purposes only