House bill · H.R. 2540 (119th Congress)
SSI Savings Penalty Elimination Act
U.S. House of Representatives
Sponsor: Danny K. Davis (U.S. Representative, IL-7, Democratic)
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From Congress.gov and official rosters. This record was last updated Jul 30, 2026. About our data
Summary
Would raise the asset limits used to determine eligibility for Supplemental Security Income, replacing the $2,250 figure in the statute with $20,000 for 2025 and making a corresponding increase to the companion figure, with both adjusted annually thereafter.
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Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
House Committee on Ways and Means · U.S. House of Representatives
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Cosponsors
35
Cosponsors listed on Congress.gov, shown A to Z.
- Republican18
- Democratic17
This bill has cosponsors from more than one party.
Shown in neutral colors by design; Agora is non-partisan.
- Ann Wagner
- Bradley Scott Schneider
- Brian K. Fitzpatrick
- Brittany Pettersen
- Christopher H. Smith
- Christopher R. Deluzio
- Debbie Dingell
- Derrick Van Orden
- Don Bacon
- Donald S. Beyer, Jr.
- Dusty Johnson
- Glenn Grothman
Show the full list (35 names)Show fewer cosponsors
- Glenn Thompson
- Gwen Moore
- Jamie Raskin
- Jefferson Van Drew
- John B. Larson
- John James
- Josh Riley
- Maria Elvira Salazar
- Mark DeSaulnier
- Mary Gay Scanlon
- Michael Lawler
- Nick LaLota
- Nicole Malliotakis
- Pete Sessions
- Salud O. Carbajal
- Seth Magaziner
- Seth Moulton
- Steve Cohen
- Steven Horsford
- Suzanne Bonamici
- Tony Wied
- Vern Buchanan
- Young Kim
Related bills
As identified by Congress.gov.
Full history
- May 13, 2026
Introduced
Introduced in U.S. House
U.S. House
- Apr 1, 2025
Introduced
Introduced in House
U.S. House of Representatives
- Apr 1, 2025
In committee
Referred to the House Committee on Ways and Means.
U.S. House
- Apr 1, 2025
Referred to committee
Referred to the House Committee on Ways and Means.
U.S. House of Representatives
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.