Bills · S 4001
IN COMMITTEE· 119TH CONGRESS
Senate BillS 4001Social Welfare
Supplemental Security Income Restoration Act of 2026
INTRO MAR 5· LAST ACTION MAR 5
READING
14MIN
COSPONSORS
21
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed Senate
Passed House
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it would significantly update and expand a crucial safety net program for the most vulnerable Americans. The current income and asset limits for SSI have not been substantially updated in decades, meaning many recipients struggle to afford basic necessities, and others are denied help for having extremely modest savings. By raising these limits and linking them to inflation, the bill aims to give beneficiaries a greater financial buffer and removes disincentives to saving or earning some income.
If this bill becomes law, millions of low-income elderly, blind, and disabled individuals and couples could experience a direct improvement in their financial stability, potentially lifting many out of poverty. It would also extend vital federal support to U.S. territories where residents currently do not receive full SSI benefits, addressing a long-standing inequality. If it does not pass, the program's rules would continue to be based on outdated economic realities, leading to ongoing financial struggles for beneficiaries, hindering efforts to save or work, and continuing to exclude residents in U.S. territories from full program participation.
KEY PROVISIONS
5AI-extractedPROVISION 01
Substantially increases the amount of income and savings (resources) an individual or couple can have and still qualify for SSI benefits, and ties these limits to inflation.
This allows more people to qualify for aid and gives current recipients more financial flexibility, directly addressing poverty.
PROVISION 02
Changes the basic SSI benefit for individuals to match the federal poverty line and eliminates the 'marriage penalty' by providing married couples twice the individual rate.
This ensures benefits are more responsive to current economic needs and fair for married couples, promoting greater financial stability.
PROVISION 03
Stops counting the value of free housing or food (in-kind support) as income when calculating SSI benefits.
This prevents reductions in benefits for those receiving essential help from family or friends, which often reduces reliance on government aid.
PROVISION 04
Excludes retirement accounts from being counted as assets when determining eligibility for SSI.
This allows low-income individuals to save for retirement without losing crucial disability or elder care benefits, encouraging financial planning.
PROVISION 05
Extends the full Supplemental Security Income (SSI) program to residents of Puerto Rico, the U.S. Virgin Islands, Guam, and American Samoa.
This provides essential financial support to vulnerable populations in these U.S. territories, addressing long-standing inequity.
SPONSORSHIP
1 + 21
D· Massachusetts
YRS IN OFFICE
13
BILLS LED
85
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 20 REP 0 IND 1
ACTION TIMELINE
2 EVENTSMAR 5
Introduced in Senate
MAR 5
Read twice and referred to the Committee on Finance.
BILL INFO
TypeSenate Bill
NumberS 4001
Congress119th
StatusIn Committee
IntroducedMar 5, 2026
Last actionMar 5, 2026
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IN COMMITTEE· 119TH CONGRESS · FINANCE COMMITTEE · INTRODUCED MAR 5, 2026
Senate BillS 4001Social Welfare
Supplemental Security Income Restoration Act of 2026
INTRODUCED MAR 5, 2026· LAST ACTION MAR 5, 2026
PASSAGE CHANCES
—%
READING
14 min
COSPONSORS
21
COMPLEXITY
Moderate
