S 3731 · 94th Congress · Social Welfare

A bill to amend title XVI of the Social Security Act to provide that the reasonable value of an individual's home, as determined for purposes of such title, shall be determined after taking into account (together with other pertinent factors) the current prevailing market prices of homes in the particular area in which such home is located.

Introduced 1976-08-05· Sponsored by Sen. Brooke, Edward W. [R-MA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1976-08-05)

Plain Language Summary

[AI summary unavailable — showing source text] Amends Title XVI (Supplemental Security Income for the Aged, Blind, and Disabled) of the Social Security Act to require the Secretary of Health, Education and Welfare, in determining the value of the house of an applicant for benefits under such Title, to take into account the current market price of homes in the area in which the applicant's home is located.…

Summarized by Claude AI · Non-partisan · For informational purposes only