Food Stamp Act

[AI summary unavailable — showing source text] Food Stamp Act - Repeals the Food Stamp Act of 1964. Replaces the existing program with a new program substantially similar, but: (1) changes the purpose of the program from the provision of an opportunity to obtain a "nutritionally adequate diet" to provision of an opportunity to obtain a "more nutritious diet"; (2) drops the eligibility requirement that household members be related; (3) permits tribal councils to be designated "State agencies" with respect to Indian communities; (4) establishes the income guidelines for the nonfarm United States, prescribed by the Office of Management and Budget, adjusted annually, as the income standards of eligibility for the program; (5) specifies in the computation of household income: (a) a standard deduction of $60 a month for each household (allowing variable deductions for Alaska, Hawaii, Guam, Puerto Rico and the Virgin Islands), adjusted semiannually; (b) a tax and work expense deduction equal to 20 percent of all earned income; (c) an excess shelter deduction, not to exceed $75 in the 48 contiguous States (or variable amounts in the remaining States and territories), where the shelter costs exceed 50 percent of household income; and (d…