Sec. 1101. Updating resource limits for Supplemental Security Income eligibility (SSI)
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Section 1611(a)(3) of the Social Security Act ( 42 U.S.C. 1382(a)(3) ) is amended— in subparagraph (A)— by striking and after January 1, 1988, ; and by inserting , and to $6,200 on January 1, 2025 before the period; in subparagraph (B)— by striking and after January 1, 1988, ; and by inserting , and to $4,100 on January 1, 2025 before the period; and by adding at the end the following new subparagraph: Beginning with December of 2025, whenever the dollar amounts in effect under paragraphs (1)(A) and (2)(A) of this subsection are increased for a month by a percentage under section 1617(a)(2), each of the dollar amounts in effect under this paragraph shall be increased, effective with such month, by the same percentage (and rounded, if not a multiple of $10, to the closest multiple of $10).
Each increase under this subparagraph shall be based on the unrounded amount for the prior 12-month period. .
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Sec. 1101
Updating resource limits for Supplemental Security Income eligibility (SSI)
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