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Read twice and referred to the Committee on Finance.
Introduced July 31, 2025 by Tina Smith · Last progress July 31, 2025
This bill would raise the cap on “per capita shares” that can be ignored when deciding if someone qualifies for federal or federally assisted benefits. It sets the exempt amount at $5,000, so receiving up to that amount wouldn’t count against you when programs check your income or resources. It also makes small wording fixes to the older law.
| Who is affected | What changes | Why it matters | When |
|---|---|---|---|
| People who receive “per capita shares” covered by the 1973 law | Up to $5,000 of these payments would not count for taxes/resources when programs decide benefit eligibility | Makes it easier to qualify for or keep federal or federally assisted benefits if you receive these payments | Would take effect if enacted into law |
It also corrects minor wording errors in the same section of the 1973 law.
Read twice and referred to the Committee on Finance.
Introduced in Senate