No Welfare for the Wealthy Act of 2023

[AI summary unavailable — showing source text] No Welfare for the Wealthy Act of 2023 This bill requires all households participating in the Supplemental Nutrition Assistance Program (SNAP) to meet the program's income and asset requirements. Federal requirements generally provide two pathways for SNAP financial eligibility. A household may meet program-specific federal eligibility requirements, which include both income eligibility and an asset test. A household may also be automatically or  categorically eligible for SNAP based on eligibility for or receiving cash benefits from other specified low-income assistance programs (e.g., Temporary Assistance for Needy Families [TANF]). Under this categorical eligibility, households that already meet financial eligibility rules in a program like TANF are not required to go through another financial eligibility determination in SNAP. Further, a majority of states also provide broad-based categorical eligibility (BBCE), a policy that makes most households with an income below a certain threshold categorically eligible for SNAP. Under BBCE, these states typically make households categorically eligible through receiving or being authorized to receive a minimal non-cash TANF ben…