S. 5186 Introduced Social Welfare

ASSET Act

A bill to eliminate asset limits employed by certain federally funded means-tested public assistance programs, and for other purposes.

  1. Introduced
  2. Committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor Sen. Coons, Christopher A. [D-DE] Introduced July 30, 2026 Cosponsors 7 (7 D) Latest action July 30, 2026

Summary

The Congressional Research Service has not published a summary of this bill yet.

Congress.gov

Actions

  1. Jul 30, 2026 Read twice and referred to the Committee on Finance.
  2. Jul 30, 2026 Introduced in Senate

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