,,ii #aah? ,,congress #b;d ,session ,s4 #cijd ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,m>* #aa1 #bjbd,mr4 ,re$ 7= himself & ,mrs4 ,britt7 introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to e/abli% a pilot program to improve ! family self-suffici5cy program1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,help+ ,m ,families ,save ,act4 #b4 ,family self-suffici5cy escr[ expansion pilot program ,section #bc ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcgu7 is am5d$ by add+ at ! end ! foll[+3 7p7 ,escr[ expansion pilot program 7#a7 ,def9itions ,9 ?is subsection3 7,a7 ,cov]$ family ,! t]m cov]$ family means an eligible family enroll$ 9 ! pilot program e/abli%$ "u ?is subsection4 7,b7 ,escr[ allocation ,! t]m escr[ allocation means an acc\nt aw>d$ "u ?is subsection = :i* ! aw>d$ eligible entity %all use to create escr[ acc\nts 9 accordance ) p>agraph 7#c74 7#b7 ,e/abli%m5t ,! ,secret>y %all e/abli% a pilot program "u :i* ! ,secret>y1 ?r\gh a competitive process1 aw>ds escr[ allocations to eligible entities to e/abli% & fund escr[ acc\nts 9 accordance ) ?is subsection4 7#c7 ,escr[ acc\nts 7,a7 ,9 g5]al ,an eligible entity aw>d$ an escr[ allocation "u ?is subsection-- 7i7 %all e/abli%1 on behalf ( ea* cov]$ family1 an int]e/-be>+ escr[ acc\nt & place into ! acc\nt an am\nt equal to any increase 9 ! am\nt ( r5t paid by ! family 9 accordance ) ! provisions ( section #c or #h7o71 z applicable1 t is attributable to increases 9 e>n$ income by ! cov]$ family2 & 7ii7 not)/&+ any o!r provision ( law1 may use funds x controls "u section #h or #i = purposes ( mak+ ! escr[ deposit = cov]$ families assi/$ "u1 or resid+ 9 units assi/$ "u1 section #h or #i ( ?is title1 respectively1 provid$ su* funds are (fset by ! increase 9 ! am\nt ( r5t paid by ! cov]$ family4 7,b7 ,income limitation ,! ,secret>y %all n escr[ any am\nts = any cov]$ family ^: adju/$ income exce$s #hj p]c5t ( ! area m$ian income4 7,c7 ,)drawals ,am\nts 9 an escr[ acc\nt e/abli%$ = a cov]$ family "u ?is p>agraph may be )drawn by ! cov]$ family aft] ! cov]$ family ceases to receive income assi/ance "u ,f$]al or ,/ate welf>e programs1 aft] #e ye>s f ! date ( ! e/abli%m5t ( ! escr[ acc\nt1 & "u o!r circum/ances 9 :i* ! ,secret>y det]m9es an exception = good cause is w>rant$4 7#d7 ,effect ( increases 9 family income ,any increase 9 ! e>n$ income ( a cov]$ family dur+ ! enrollm5t ( ! family 9 ! pilot program e/abli%$ "u ?is subsection may n be consid]$ z income or a res\rce = purposes ( eligibility ( ! family = o!r b5efits1 or am\nt ( b5efits payable to ! family1 "u any program adm9i/]$ by ! ,secret>y4 7#e7 ,application 7,a7 ,9 g5]al ,an eligible entity seek+ an aw>d "u ?is subsection %all submit to ! ,secret>y an application-- 7i7 at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y may require2 & 7ii7 t includes ! numb] ( propos$ cov]$ families to be s]v$ by ! eligible entity "u ?is subsection4 7,b7 ,geographic & entity v>iety ,! ,secret>y %all ensure t eligible entities aw>d$ escr[ allocations "u ?is subsection-- 7i7 are locat$ across v>i\s regions ( ! ,unit$ ,/ates & 9 bo? urban & rural areas2 & 7ii7 v>y by size & type1 includ+ bo? public h\s+ ag5cies & private own]s ( projects receiv+ project-bas$ r5tal assi/ance "u section #h4 7#f7 ,notification & opt-out ,an eligible entity receiv+ an aw>d "u ?is subsection %all-- 7,a7 notify cov]$ families ( _! enrollm5t 9 ! pilot program "u ?is subsection2 7,b7 provide cov]$ families ) a detail$ description ( ! pilot program1 includ+ h[ ! pilot program w impact _! r5t & f9ances2 & 7,c7 provide ^? cov]$ families ) ! ability to elect n to p>ticipate 9 ! pilot program-- 7i7 n less ?an #a mon? be=e ! date on :i* ! escr[ acc\nt is e/abli%$ "u p>agraph 7#c72 & 7ii7 at any po9t dur+ ! duration ( ! pilot program4 7#g7 ,numb] ( escr[ allocations 7,a7 ,9 g5]al ,! ,secret>y %all aw>d n m ?an #e1jjj escr[ allocations4 7,b7 ,numb] ( entities ,! ,secret>y %all seek to aw>d escr[ allocations to n less ?an #be eligible entities4 7#h7 ,maximum r5ts ,dur+ ! t]m ( p>ticipation by a cov]$ family 9 ! pilot program "u ?is subsection1 ! am\nt ( r5t paid by ! enroll$ family %all be calculat$ "u ! r5tal provisions ( section #c or #h7o71 z applicable4 7#i7 ,pilot program timel9e 7,a7 ,aw>ds ,n lat] ?an #ah mon?s aft] ! date ( enactm5t ( ?is subsection1 ! ,secret>y %all aw>d escr[ allocations4 7,b7 ,e/abli%m5t ( acc\nts ,an eligible entity aw>d$ an escr[ allocation "u ?is subsection %all-- 7i7 n lat] ?an #f mon?s aft] receiv+ ! escr[ allocation1 e/abli% escr[ acc\nts "u p>agraph 7#c7 = cov]$ families2 & 7ii7 ma9ta9 ^? escr[ acc\nts = n less ?an #e ye>s & n m ?an #g ye>s aft] ! date on :i* ! escr[ acc\nt is e/abli%$4 7,c7 ,access to funds ,a cov]$ family %all be able to access funds 9 an escr[ acc\nt e/abli%$ "u p>agraph 7#c7-- 7i7 n e>li] ?an ! date t is #e ye>s aft]1 & n lat] ?an ! date t is #g ye>s aft]1 ! date on :i* ! escr[ acc\nt is e/abli%$2 or 7ii7 on ! date ! cov]$ family ceases to receive h\s+ assi/ance "u ,f$]al or ,/ate programs1 if t date is less ?an #e ye>s aft] ! date on :i* ! escr[ acc\nt is e/abli%$4 7#aj7 ,nonp>ticipation & h\s+ assi/ance 7,a7 ,9 g5]al ,assi/ance "u section #h or #i = a family t elects n to p>ticipate 9 ! pilot program %all n be delay$ by reason ( su* election4 7,b7 ,no t]m9ation ,h\s+ assi/ance may n be t]m9at$ z a consequ5ce ( p>ticipat+ 9 ! pilot program = any p]iod ( "t4 7#aa7 ,/udy ,n lat] ?an #g ye>s aft] ! date ( enactm5t ( ?is subsection1 ! ,secret>y %all conduct a /udy & submit to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ( ! ,s5ate & ! ,committee on ,f9ancial ,s]vices ( ! ,h\se ( ,repres5tatives a report on outcomes = cov]$ families "u ! pilot program "u ?is subsection1 :i* %all evaluate ! effectiv5ess ( ! pilot program 9 assi/+ families to a*ieve economic indep5d5ce & self-suffici5cy1 & ! impact supportive s]vices1 or ! lack !re(1 _h on individual incomes4 7#ab7 ,t]m9ation ,! pilot program "u ?is subsection %all t]m9ate on ! date t is #aj ye>s aft] ! date ( enactm5t ( ?is subsection4 7#ac7 ,au?orization ( appropriations 7,a7 ,9 g5]al ,!re is au?oriz$ to appropriat$ to ! ,secret>y = fiscal ye> #bjbe #b1jjj1jjj to c>ry out ?is subsection4 7,b7 ,availability ,any am\nts appropriat$ "u ?is subsection %all rema9 available until exp5d$4 4