H.R. 4473 · 116th Congress
Stephanie Tubbs Jones Assets for Independence Reauthorization Act of 2019
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
LewisSponsorNo cosponsors.
Stephanie Tubbs Jones Assets for Independence Reauthorization Act of 2019
What it does: CRS summary · Introduced in House · Sep 24, 2019
Stephanie Tubbs Jones Assets for Independence Reauthorization Act of 2019
This bill reauthorizes through FY2024 and otherwise makes changes to certain demonstration projects that 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.)
Specifically, the bill (1) expands qualifying expenses for purposes of education and home replacement, repair, or improvement; (2) allows public housing agencies to participate in demonstration projects; (3) increases income eligibility limits; and (4) makes other changes with respect to terminated projects, reporting, and other requirements.
The Department of Health and Human Services must give special consideration to applications from certain categories of individuals, including individuals who are or have been in foster care. In addition, 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.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Stephanie Tubbs Jones Assets for Independence Reauthorization Act of 2019
Latest action (Sep 24, 2019): Referred to the Subcommittee on Worker and Family Support.
Policy area: Social Welfare · Origin: House · Introduced: Sep 24, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.