HR 2540 · 119th Congress 2025โ€“2027

SSI Savings Penalty Elimination Act

Latest action · Apr 1, 2025 Referred to the House Committee on Ways and Means.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedApr 1, 2025
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Cosponsors 41

Members who signed on, in the order they did. Signatures ran from Apr 1, 2025 to Oct 5, 2026; 9 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
D-ILBradley Scott SchneiderOriginalApr 1, 2025
R-PABrian K. FitzpatrickOriginalApr 1, 2025
R-NJChristopher H. SmithOriginalApr 1, 2025
D-PAChristopher R. DeluzioOriginalApr 1, 2025
R-NEDon BaconOriginalApr 1, 2025
D-CTJohn B. LarsonOriginalApr 1, 2025
R-NYMichael LawlerOriginalApr 1, 2025
D-NVSteven HorsfordOriginalApr 1, 2025
R-FLVern BuchananOriginalApr 1, 2025
D-VADonald S. Beyer, Jr.Apr 2, 2025
R-NYNicole MalliotakisApr 2, 2025
R-MOAnn WagnerApr 7, 2025
D-MIDebbie DingellApr 7, 2025
D-MDJamie RaskinApr 28, 2025
D-NJJefferson Van DrewApr 28, 2025
R-WIDerrick Van OrdenMay 5, 2025
D-CAMark DeSaulnierMay 5, 2025
R-SDDusty JohnsonSep 2, 2025
D-MASeth MoultonSep 2, 2025
D-PAMary Gay ScanlonSep 3, 2025
R-TXPete SessionsSep 3, 2025
R-MIJohn JamesSep 19, 2025
D-ORSuzanne BonamiciSep 19, 2025
R-WIGlenn GrothmanSep 26, 2025
D-RISeth MagazinerSep 26, 2025
D-COBrittany PettersenNov 25, 2025
R-WITony WiedNov 25, 2025
R-PAGlenn ThompsonMar 16, 2026
D-TNSteve CohenMar 16, 2026
D-CASalud O. CarbajalApr 22, 2026
R-CAYoung KimApr 22, 2026
D-NYJosh RileyMay 13, 2026
R-NYNick LaLotaMay 13, 2026
D-WIGwen MooreJun 24, 2026
R-FLMaria Elvira SalazarJun 24, 2026
D-ILNikki BudzinskiAug 17, 2026
R-NJThomas H. Kean, Jr.Aug 17, 2026
D-CAJuan VargasOct 1, 2026
R-NYNicholas A. LangworthyOct 1, 2026
D-CATed LieuOct 5, 2026
R-OHWarren DavidsonOct 5, 2026

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseWays and Means Committee
Referred Apr 1, 2025

Actions 2

Everything that happened, newest first.

  1. Apr 1, 2025Introduced in House
  2. Apr 1, 2025Referred to the House Committee on Ways and Means.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

Constitutional authority

[Pages H1404-H1405] From the Congressional Record Online through the Government Publishing Office [ www.gpo.gov ] By Mr. DAVIS of Illinois: H.R. 2540. Congress has the power to enact this legislation pursuant to the following: Article I, Section 8, Clause 18 of the Constitution: To make all laws which shall be necessary and proper for carrying into Execution the powers enumerated under section 8 and all other Powers vested by the Constitution in the Government of the United States, or in any Department or Officer thereof.

The sponsor’s statement, as printed in the Congressional Record, vol. 171, no. 58, April 1, 2025, page H1405.

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
S 1234SSI Savings Penalty Elimination ActRelated billApr 1, 2025

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To amend title XVI of the Social Security Act to update the resource limit for supplemental security income eligibility.
Short Title(s) as Introduced
SSI Savings Penalty Elimination Act

Subjects

Assigned by the Library of Congress. Policy area: Social Welfare.

Text 1

Each version as it was printed, newest first.

  1. Apr 1, 2025Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.