Supplemental Security Income Restoration Act Introduced in the House and Senate

Last week, the Supplemental Security Income Restoration Act (SSI Restoration Act) was introduced in the Senate (S.1387) by Senators Sherrod Brown (D-OH), Elizabeth Warren (D-MA), Bernie Sanders (I-VT), Bob Casey (D-PA), Sheldon Whitehouse (D-RI), and Mazie Hirono (D-HI) and in the House (H.R. 2442) by Representative Raul Grijalva (D-AZ) and 25 cosponsors. The bill seeks to restore the SSI program’s original intent of protecting beneficiaries, including people with disabilities and the elderly, against extreme poverty. The bill modernizes SSI resource limits for individuals and couples, to $10,000 and $15,000, respectively. These limits have not been adjusted for inflation since 1989. The bill would also update the general income disregard (to $112 per month) as well as the earned income disregard (to $364 per month) to the amounts they would be currently, if they had been adjusted for inflation since SSI’s inception in 1972. Moving forward, both the SSI resource limits and income disregards would be updated annually for inflation. Lastly, the bill would repeal the SSI in-kind support and maintenance provision as well as the SSI transfer penalty. The SSI Restoration Act was referred in the Senate to the Committee on Finance, and in the House to the Committee on Ways and Means. The Arc applauds the introduction of this bill.