,i  #aah? ,,congress  #a/ ,session  ,h4 
,r4 #edfh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,septemb] #ad1        
#bjbc,mr4 ,c>twright 7= himself1 ,ms4   
,/rickl&1 ,mr4 ,grijalva1 ,ms4 ,norton1 
& ,mr4 ,?ompson ( ,mississippi7         
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means1 & 9    
addition to ! ,committees on            
,agriculture1 ,education & ! ,work=ce1 &
 ,en]gy & ,comm]ce1 = a p]iod to be     
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to am5d ! ,social  
,security ,act1 ! ,food & ,nutrition    
,act ( #bjjh1 & ! ,l[-,income ,home     
,en]gy ,assi/ance ,act ( #aiha to       
require t ! value ( *ildr5's sav+s      
acc\nts be disreg>d$ = ! purpose (      
det]m9+ eligibility to receive c]ta9    
b5efits "u su* ,acts1 & = o!r purposes4 
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,*ildr5's ,sav+s ,acc\nts ,(f] ,p>5ts 
,pl5ty ,( ,reasons ,to ,und]/& & ,inve/ 

9 ,tuition ,ye>ly ,act or ! ,,csa       
,,opportunity ,act4  #b4 ,def9itions ,9 
?is ,act3  7#a7 ,*ildr5's sav+s acc\nt  
program ,! t]m *ildr5's sav+s acc\nt    
program ref]s to a program creat$ or    
organiz$ by a ,/ate1 local1 or ,f$]al   
,gov]nm5t1 a #eja7;c77#c7 nonpr(it      
organization1 a s*ool di/rict1 or a     
college or univ]sity = ! purpose (      
creat+ *ildr5's sav+s acc\nts4  7#b7    
,*ildr5's sav+s acc\nt ,! t]m *ildr5's  
sav+s acc\nt means a sav+s or inve/m5t  
acc\nt or tru/ creat$ z "p ( a *ildr5's 
sav+s acc\nt program exclusively = !    
purpose ( pay+ ! qualifi$ exp5ses ( only
 individuals1 :o1 :5 ! acc\nt is creat$1
 h n atta9$ #ah ye>s ( age1 provid$ t x 
has ! foll[+ requirem5ts3  7,a7 ,if a   
sav+s or inve/m5t acc\nt is creat$-- 7i7
 ! acc\nt is held 9 a f$]ally insur$    
f9ancial in/itution1 or a ,/ate-insur$  
f9ancial in/itution if a f$]ally insur$ 
f9ancial in/itution is n available1 or 9
 an inve/m5t acc\nt by a cu/odian or    
?ird-p>ty own] on behalf ( !            

individuals1 if ! cu/odian or ?ird-p>ty 
own] is a ,/ate1 local1 or ,f$]al       
,gov]nm5t1 a #eja7;c77#c7 nonpr(it      
organization1 a s*ool di/rict1 or a     
college or univ]sity1  7ii7 ! assets ( !
 acc\nt w n be comm+l$ ) o!r prop]ty    
except 9 a common *ildr5's sav+s acc\nt1
 tru/ fund1 or o!r common inve/m5t fund1
 &  7iii7 any am\nt 9 ! acc\nt t is     
attributable to a se$ deposit1 mat*$    
deposit1 or o!r inc5tive provid$ by !   
*ildr5's sav+s acc\nt program may be    
paid or di/ribut$ f ! acc\nt only = !   
purpose ( pay+ qualifi$ exp5ses ( !     
individual4  7,b7 ,if a tru/ is creat$  
or organiz$1 ! writt5 gov]n+ in/rum5t   
creat+ ! tru/ conta9s ! foll[+          
requirem5ts3 7i7 ,! tru/ is creat$ on   
behalf ( ! individuals1 & ! tru/ee is a 
,/ate1 local1 or ,f$]al ,gov]nm5t1 a    
#eja7;c77#c7 nonpr(it organization1 a   
s*ool di/rict1 or a college or          
univ]sity4  7ii7 ,! assets ( ! tru/ w be
 inve/$ 9 accordance ) ! direction ( !  
tru/ee4  7iii7 ,! assets ( ! tru/ w n be

 comm+l$ ) o!r prop]ty except 9 a common
 tru/ fund or common inve/m5t fund4     
7iv7 ,any am\nt 9 ! tru/ t is           
attributable to a se$ deposit1 mat*$    
deposit1 or o!r *ildr5's sav+s acc\nt   
program inc5tive may be paid or         
di/ribut$ f ! tru/ only = ! purpose (   
pay+ qualifi$ exp5ses ( ! individual4   
7#c7 ,qualifi$ exp5ses ,! t]m qualifi$  
exp5ses means1 ) respect to an          
individual1 exp5ses t are--  7,a7       
incurr$ aft] ! individual receives a    
second>y s*ool diploma or its recogniz$ 
equival5t1 &  7,b7 =--  7i7 po/second>y 
educational exp5ses 7z def9$ 9 section  
#ebi ( ! ,int]nal ,rev5ue ,code ( #aihf7
 ( ! individual1  7ii7 ! pur*ase ( a    
fir/ home by ! individual1 or  7iii7 !  
capitalization ( a bus9ess own$ by !    
individual4  ,i ,am5dm5ts to ! ,social  
,security ,act  #aja4 ,int]e/ 91 &      
di/ribution f *ildr5's sav+s acc\nts    
requir$ to be disreg>d$ "u ! ,,tanf     
program  7a7 ,9 g5]al ,section #djh7;a7 
( ! ,social ,security ,act 7#db         

,u4,s4,c4 #fjh7;a77 is am5d$ by add+ at 
! end ! foll[+3  7#ac7 ,requirem5t to   
disreg>d value ( *ildr5's sav+s acc\nts 
,a ,/ate to :i* a grant is made "u      
section #djc %all disreg>d ! value (    
funds 9 any *ildr5's sav+s acc\nt 7z    
def9$ 9 section #b ( ! ,,csa            
,,opportunity ,act71 includ+ accru$     
int]e/ or o!r e>n+s !reon1 9 det]m9+ !  
eligibility (1 & ! am\nt or type (      
assi/ance to be provid$ to an individual
 or family "u ! ,/ate program fund$ "u  
?is "p4  4  7b7 ,p5alty = noncompliance 
7#a7 ,9 g5]al ,section #dji7;a7 ( su*   
,act 7#db ,u4,s4,c4 #fji7;a77 is am5d$  
by add+ at ! end ! foll[+3  7#ag7       
,p5alty = failure to disreg>d value (   
*ildr5's sav+s acc\nts  7,a7 ,9 g5]al   
,if ! ,secret>y f9ds t a ,/ate to :i* a 
grant is made "u section #djc = a fiscal
 ye> has fail$ to comply ) section      
#djh7;a77#ac7 dur+ ! fiscal ye>1 !      
,secret>y %all r$uce ! grant o!rwise    
payable to ! ,/ate "u section           
#djc7;a77#a7 = ! succe$+ fiscal ye> by !

 p]c5tage specifi$ 9 subp>agraph 7,b7 ( 
?is p>agraph4  7,b7 ,am\nt ( r$uction ,!
 r$uction requir$ "u subp>agraph 7,a7   
%all be--  7i7 n less ?an #a nor m ?an  
#b p]c5t2  7ii7 n less ?an #b nor m ?an 
#c p]c5t1 if ! f9d+ is ! second         
consecutive f9d+ made pursuant to       
subp>agraph 7,a72 or  7iii7 n less ?an  
#c nor m ?an #e p]c5t1 if ! f9d+ is !   
?ird or a subsequ5t consecutive su*     
f9d+4  4  7#b7 ,no exception =          
reasonable cause ,section #dji7;b77#b7 (
 su* ,act 7#db ,u4,s4,c4 #fji7;b77#b77  
is am5d$ by /rik+ or 7#ac7 & ins]t+     
7#ac71 or 7#ag74  #ajb4 ,exclusion (    
*ildr5's sav+s acc\nts f res\rces "u !  
,,ssi program  7a7 ,9 g5]al ,section    
#afac7;a7 ( ! ,social ,security ,act    
7#db ,u4,s4,c4 #achb;b7a77 is am5d$--   
7#a7 by /rik+ & at ! end ( p>agraph     
7#af72  7#b7 by /rik+ ! p]iod at ! end (
 p>agraph 7#ag7 & ins]t+ 2 &2 &  7#c7 by
 ins]t+ aft] p>agraph 7#ag7 ! foll[+3   
7#ah7 ! value ( funds 9 any *ildr5's    
sav+s acc\nt 7z def9$ 9 section #b ( !  

,,csa ,,opportunity ,act71 includ+      
accru$ int]e/ or o!r e>n+s !reon4  4    
7b7 ,con=m+ am5dm5t ,section            
#afac7;e77#e7 ( su* ,act 7#db ,u4,s4,c4 
#achb;b7e77#e77 is am5d$ by ins]t+ ( ?is
 ,act or section #b ( ! ,,csa           
,,opportunity ,act be=e ! p]iod4  ,,ii  
,am5dm5t to ! ,food & ,nutrition ,act ( 
#bjjh  #bja4 ,exclusion ( *ildr5's sav+s
 acc\nts f res\rces "u ! supplem5tal    
nutrition assi/ance program ,section    
#e7;g7 ( ! ,food & ,nutrition ,act (    
#bjjh 7#g ,u4,s4,c4 #bjad7;g77 is am5d$ 
by add+ at ! end ! foll[+3  7#i7        
,exclusion ( ,*ildr5's ,sav+s ,acc\nts  
,f ,all[able ,f9ancial ,res\rces  7,a7  
,exclusion ,! ,secret>y %all exclude f  
f9ancial res\rces "u ?is subsection !   
value ( funds 9 any *ildr5's sav+s      
acc\nt1 includ+ accru$ int]e/ or o!r    
e>n+s !reon4  7,b7 ,*ildr5's sav+s      
acc\nt ,= purposes ( subp>agraph 7,a71 !
 t]m *ildr5's sav+s acc\nt has ! mean+  
giv5 su* t]m 9 section #b ( ! ,,csa     
,,opportunity ,act4  4  ,,iii ,am5dm5t  

to ,l[-,income ,home ,en]gy ,assi/ance  
,act ( #aiha  #cja4 ,exclusion ( c]ta9  
acc\nts f calculation "u ! ,l[-,income  
,home ,en]gy ,assi/ance ,program        
,section #bfje7;f7 ( ! ,l[-,income ,home
 ,en]gy ,assi/ance ,act ( #aiha 7#db    
,u4,s4,c4 #hfbd7;f77 is am5d$ by add+ at
 ! end ! foll[+3  7#c7 ,exclusion (     
c]ta9 acc\nts f calculation  7,a7       
,exclusion ,! det]m9ation ( ! income or 
assets ( a h\sehold = purposes (        
eligibility "u ?is section %all be made 
)\t reg>d to ! value ( funds 9 any      
*ildr5's sav+s acc\nt1 includ+ accru$   
int]e/ or o!r e>n+s !reon4  7,b7        
,*ildr5's sav+s acc\nt ,= purposes (    
subp>agraph 7,a71 ! t]m *ildr5's sav+s  
acc\nt has ! mean+ giv5 su* t]m 9       
section #b ( ! ,,csa ,,opportunity ,act4
  4