# 119-hr-2540: SSI Savings Penalty Elimination Act

119-hr-2540, SSI Savings Penalty Elimination Act, is a 119th Congress bill sponsored by Rep. Davis, Danny K. [D-IL-7] (D-IL); status introduced; PRIA reads it as touching household money (as of 2026-10-07).

- Canonical: https://policyrisk.com/legislation/119-hr-2540
- As of: 2026-10-07
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-2540
- Congress: 119
- Title: SSI Savings Penalty Elimination Act
- Status: introduced
- Introduced: 2025-04-01
- Sponsor: Rep. Davis, Danny K. [D-IL-7] (D-IL)
- Cosponsors: 41
- Policy area: Social Welfare
- Touches household money: yes
- Last recorded action: 2026-10-07

## Summary

**Raises Supplemental Security Income resource limits and indexes them to inflation.** The bill would increase the SSI resource cap to $20,000 for individuals and $10,000 for couples in 2025 and would apply automatic yearly increases tied to the Consumer Price Index for All Urban Consumers (CPI-U). - Single SSI recipients: Would be allowed up to $20,000 in countable resources in 2025, up from $2,250 today. - Couples receiving SSI: Would be allowed up to $10,000 in countable resources in 2025, up from $1,500 today. - Automatic inflation updates: Each dollar limit would rise each year based on the CPI-U average through September, so the caps increase with inflation rather than staying fixed.

## Cosponsors (41)

- Rep. Vargas, Juan [D-CA-52] (D-CA), 2026-10-01T00:00:00.000Z
- Rep. Langworthy, Nicholas A. [R-NY-23] (R-NY), 2026-10-01T00:00:00.000Z
- Rep. Lieu, Ted [D-CA-36] (D-CA), 2026-10-05T00:00:00.000Z
- Rep. Davidson, Warren [R-OH-8] (R-OH), 2026-10-05T00:00:00.000Z
- Rep. Fitzpatrick, Brian K. [R-PA-1] (R-PA), 2025-04-01T00:00:00.000Z
- Rep. Larson, John B. [D-CT-1] (D-CT), 2025-04-01T00:00:00.000Z
- Rep. Lawler, Michael [R-NY-17] (R-NY), 2025-04-01T00:00:00.000Z
- Rep. Deluzio, Christopher R. [D-PA-17] (D-PA), 2025-04-01T00:00:00.000Z
- Rep. Smith, Christopher H. [R-NJ-4] (R-NJ), 2025-04-01T00:00:00.000Z
- Rep. Schneider, Bradley Scott [D-IL-10] (D-IL), 2025-04-01T00:00:00.000Z
- Rep. Buchanan, Vern [R-FL-16] (R-FL), 2025-04-01T00:00:00.000Z
- Rep. Horsford, Steven [D-NV-4] (D-NV), 2025-04-01T00:00:00.000Z
- Rep. Bacon, Don [R-NE-2] (R-NE), 2025-04-01T00:00:00.000Z
- Rep. Beyer, Donald S. [D-VA-8] (D-VA), 2025-04-02T00:00:00.000Z
- Rep. Malliotakis, Nicole [R-NY-11] (R-NY), 2025-04-02T00:00:00.000Z
- Rep. Dingell, Debbie [D-MI-6] (D-MI), 2025-04-07T00:00:00.000Z
- Rep. Wagner, Ann [R-MO-2] (R-MO), 2025-04-07T00:00:00.000Z
- Rep. Raskin, Jamie [D-MD-8] (D-MD), 2025-04-28T00:00:00.000Z
- Rep. Van Drew, Jefferson [R-NJ-2] (R-NJ), 2025-04-28T00:00:00.000Z
- Rep. DeSaulnier, Mark [D-CA-10] (D-CA), 2025-05-05T00:00:00.000Z
- Rep. Van Orden, Derrick [R-WI-3] (R-WI), 2025-05-05T00:00:00.000Z
- Rep. Moulton, Seth [D-MA-6] (D-MA), 2025-09-02T00:00:00.000Z
- Rep. Johnson, Dusty [R-SD-At Large] (R-SD), 2025-09-02T00:00:00.000Z
- Rep. Scanlon, Mary Gay [D-PA-5] (D-PA), 2025-09-03T00:00:00.000Z
- Rep. Sessions, Pete [R-TX-17] (R-TX), 2025-09-03T00:00:00.000Z
- Rep. Bonamici, Suzanne [D-OR-1] (D-OR), 2025-09-19T00:00:00.000Z
- Rep. James, John [R-MI-10] (R-MI), 2025-09-19T00:00:00.000Z
- Rep. Magaziner, Seth [D-RI-2] (D-RI), 2025-09-26T00:00:00.000Z
- Rep. Grothman, Glenn [R-WI-6] (R-WI), 2025-09-26T00:00:00.000Z
- Rep. Pettersen, Brittany [D-CO-7] (D-CO), 2025-11-25T00:00:00.000Z
- Rep. Wied, Tony [R-WI-8] (R-WI), 2025-11-25T00:00:00.000Z
- Rep. Cohen, Steve [D-TN-9] (D-TN), 2026-03-16T00:00:00.000Z
- Rep. Thompson, Glenn [R-PA-15] (R-PA), 2026-03-16T00:00:00.000Z
- Rep. Carbajal, Salud O. [D-CA-24] (D-CA), 2026-04-22T00:00:00.000Z
- Rep. Kim, Young [R-CA-40] (R-CA), 2026-04-22T00:00:00.000Z
- Rep. Riley, Josh [D-NY-19] (D-NY), 2026-05-13T00:00:00.000Z
- Rep. LaLota, Nick [R-NY-1] (R-NY), 2026-05-13T00:00:00.000Z
- Rep. Moore, Gwen [D-WI-4] (D-WI), 2026-06-24T00:00:00.000Z
- Rep. Salazar, Maria Elvira [R-FL-27] (R-FL), 2026-06-24T00:00:00.000Z
- Rep. Budzinski, Nikki [D-IL-13] (D-IL), 2026-08-17T00:00:00.000Z
- Rep. Kean, Thomas H. [R-NJ-7] (R-NJ), 2026-08-17T00:00:00.000Z

## Provisions PRIA read

- Higher savings limits for SSI recipients: benefit, high. This bill would let SSI applicants and recipients keep more savings and still qualify. Starting in calendar year 2025, the resource limit would be $20,000 for an individual and $10,000 for a couple. These would replace the prior limits of $2,250 and $1,500. Each year after 2025, the limits would ri…

## Related bills

- 119-hr-2102: Major Richard Star Act
- 119-hr-2048: Metastatic Breast Cancer Access to Care Act
- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025
- 119-hr-909: Crime Victims Fund Stabilization Act of 2025

## Sources
- [119-hr-2540 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/2540)

## Related
- [119-hr-2102: Major Richard Star Act](https://policyrisk.com/legislation/119-hr-2102)
- [119-hr-2048: Metastatic Breast Cancer Access to Care Act](https://policyrisk.com/legislation/119-hr-2048)
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025](https://policyrisk.com/legislation/119-hr-3514)
- [119-hr-909: Crime Victims Fund Stabilization Act of 2025](https://policyrisk.com/legislation/119-hr-909)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-2540 (as of 2026-10-07).