,,ii  #aaith ,,congress  #ast ,session  
,s4 #ahjg  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,may #ai1      
#bjbe,mr4 ,banks 7for himself and ,ms4  
,lummis7 introduced the following bill2 
which was read twice and referred to the
 ,committee on ,finance  ,a ,,bill  ,to 
require an income identification and    
verification platform for certain       
,federal benefit funds1 and for other   
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,timely and         
,accurate ,benefits ,act4  #b4          
,requirements of ,states2 enhanced      
income verification platform required   
,to be eligible to receive ,federal     
funds for a covered ,federal benefit    
program1 a ,state1 not later than #a    
year after the date of the enactment of 
this ,act1 shall procure1 contract1 and 
use an ,enhanced ,income ,identification
 and ,verification ,platform4  #c4      
,definitions ,in this ,act3 7#a7        
,covered ,federal benefit program ,the  
term covered ,federal benefit program   

means any program administered by the   
,federal government1 or by a ,state or  
local government using ,federal funds1  
in which eligibility for benefits1 or   
the amount of benefits1 is determined1  
in whole or in part1 based on the income
 of an individual or household4  7#b7   
,enhanced gross income ,the term        
enhanced gross income means-- 7,a7      
wages1 salaries1 tips included and not  
included on pay stubs1 and other        
compensation from all forms of          
employment1 including traditional ,w-#b 
employment not provided by existing data
 sources1 contract work1                
self-employment1 and participation in   
the gig economy2  7,b7 unemployment     
compensation2  7,c7 any benefits paid   
under the ,old-,age and ,survivors      
,insurance and ,disability ,insurance   
programs and associated benefits under  
title ,,ii of the ,social ,security ,act
 7#db ,u4,s4,c4 #dja et seq472  7,d7    
,supplemental ,security ,income 7,,ssi7 
benefits paid under title ,,xvi of the  

,social ,security ,act 7#db ,u4,s4,c4   
#acha et seq472  7,e7 interest and      
dividends2  7,f7 short-term and         
long-term rental income2  7,g7          
royalties2  7,h7 child support and      
alimony payments received2  7,i7 cash   
assistance from government programs2    
7,j7 regular or recurring gifts or      
contributions from individuals or       
organizations2  7,k7 distributions from 
trusts or estates2  7,l7 any other      
source of income1 whether taxable or    
non-taxable1 that is available to the   
individual or household to meet their   
needs1 as determined by the ,secretary  
of the ,treasury2 and  7,m7 other income
 identified and verified through        
consumer-permissioned direct access to  
deposit account transaction data4  7#c7 
,enhanced ,income ,identification and   
,verification ,platform ,the term       
,enhanced ,income ,identification and   
,verification ,platform means-- 7,a7    
services incorporating automated1       
real-time data matching and analytics to

 proactively identify and verify        
potential instances of unreported or    
underreported enhanced gross income1    
inconsistent income reporting1 or other 
indicators of potential ineligibility or
 improper payments2  7,b7 receiving and 
analyzing applicant-permissioned deposit
 account transactional data that        
identifies and verifies sources of      
enhanced gross income not currently     
obtained through existing data sources  
that provide for payroll1 new-hire and  
latent ,state and ,federal tax data1    
with the option for the claimant to     
review and attest to the accuracy of the
 data2 and  7,c7 the ability to identify
 and consolidate overlapping data to    
avoid double-counting of financial      
records4  7#d7 ,state ,the term ,state  
means each of the #ej ,states1 the      
,district of ,columbia1 and each        
territory and possession of the ,united 
,states4