US HB271 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 4 2017 - 25% progression, died in committee
Action: 2017-01-13 - Referred to the Subcommittee on Human Resources.
Pending: House Subcommittee on Human Resources Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 4 2017 - 25% progression, died in committee
Action: 2017-01-13 - Referred to the Subcommittee on Human Resources.
Pending: House Subcommittee on Human Resources Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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 first-time homebuyer by reason of having a co-ownership interest in a principal residence with a person who committed domestic violence against the individual. HHS may use funds appropriated under the Act to cover certain necessary training costs. HHS is authorized to waive certain project requirements and limitations.
Title
Stephanie Tubbs Jones Assets for Independence Reauthorization Act of 2017
Sponsors
Rep. John Lewis [D-GA] |
History
Date | Chamber | Action |
---|---|---|
2017-01-13 | House | Referred to the Subcommittee on Human Resources. |
2017-01-04 | House | Referred to the House Committee on Ways and Means. |
2017-01-04 | House | Introduced in House |
Subjects
Bank accounts, deposits, capital
Financial services and investments
Government trust funds
Higher education
Poverty and welfare assistance
Residential rehabilitation and home repair
Social welfare
Social work, volunteer service, charitable organizations
Student aid and college costs
Vocational and technical education
Financial services and investments
Government trust funds
Higher education
Poverty and welfare assistance
Residential rehabilitation and home repair
Social welfare
Social work, volunteer service, charitable organizations
Student aid and college costs
Vocational and technical education
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/house-bill/271/all-info |
Text | https://www.congress.gov/115/bills/hr271/BILLS-115hr271ih.pdf |