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HR 10023·Federal·house

ASSET Act

In CommitteeFiled Aug 3, 2026
Sponsor: Rep. Gomez, Jimmy [D-CA-34] (D)
Latest Action

Referred to the Committee on Ways and Means, and in addition to the Committees on Agriculture, Energy and Commerce, and Education and Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Aug 3, 2026

Summary

HR 10023 seeks to eliminate the asset‑testing rules that restrict eligibility for some federal public assistance programs. By doing so, it would broaden access for low‑income individuals and families who currently cannot qualify because of asset thresholds. The measure is currently referred to several House committees for further review.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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