H.R. 7426 — Introduced in House

I 118th CONGRESS 2d Session H. R. 7426 IN THE HOUSE OF REPRESENTATIVES February 20, 2024Mr. Smith of Nebraska introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend part A of title IV of the Social Security Act to target funds to families in need. 1. Short title This Act may be cited as the Targeting TANF to Families in Need Act. 2. Targeting funds to families in need (a) In general Section 404 of the Social Security Act (42 U.S.C. 604) is amended by adding at the end the following: (l) Establishing a threshold for families in need A State to which a grant is made under section 403(a)(1) shall use the grant only to provide assistance or services to a family whose income is less than twice the poverty guidelines updated periodically in the Federal Register under section 673(2) of the Omnibus Budget Reconciliation Act of 1981 (42 U.S.C. 9902(2)). . (b) Effective date The amendment made by subsection (a) shall take effect on October 1, 2025. 3. Two-year reauthorization of the Temporary Assistance for Needy Families program Activities authorized by part A of title IV (other than under section 403(c) or 418) and section 1108(b) of the Social Security Act shall continue through September 30, 2026, in the manner authorized for fiscal year 2023, and out of any money in the Treasury of the United States not otherwise appropriated, there are hereby appropriated such sums as may be necessary for such purpose.