A bill to amend title XVI of the Social Security Act to direct the Secretary, in determining the extent to which the value of an individual's home is excludable for purposes of establishing his or her eligibility for supplemental security income benefits, to take into account regional variations in the market prices of homes and to make periodic adjustments reflecting changes in land and home values.

Amends Title XVI (Supplemental Security Income for the Aged, Blind, and Disabled) of the Social Security Act to require the Secretary of Health, Education and Welfare, in determining the value of the house of an applicant for benefits under such Title, to take into account the current market price of homes in the area in which the applicant's home is located and to periodically review such determinations.