Bill
Bill > HR2359
summary
Introduced
03/26/2025
03/26/2025
In Committee
03/26/2025
03/26/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A BILL To amend part A of title IV of the Social Security Act to establish deadlines for the obligation and expenditure of funds and allow States to establish rainy day funds under the program of block grants to States for temporary assistance for needy families.
AI Summary
This bill, called the "Improve Transparency and Stability for Families and Children Act", modifies the Temporary Assistance for Needy Families (TANF) block grant program by establishing new deadlines for how states must use federal funds. Specifically, states will be required to obligate (commit) TANF funds within one year of receiving them and fully expend those funds within two years. The bill also allows states to create a financial "rainy day" reserve by permitting them to set aside up to 15% of their annual TANF funds for future use, with a maximum reserve limit of 50% of the previous year's total funding. States must notify the federal government if they plan to reserve funds, and these new rules will take effect on October 1, 2026. The purpose of these changes appears to be improving state-level fiscal planning and ensuring that federal TANF funds are used in a timely and strategic manner to support low-income families and children.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Referred to the House Committee on Ways and Means. (on 03/26/2025)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/house-bill/2359/all-info |
| BillText | https://www.congress.gov/119/bills/hr2359/BILLS-119hr2359ih.pdf |
Loading...