A bill to amend title XVI of the Social Security Act to assure that, for purposes of the Supplemental Security Income program, interest income received by an individual from a negotiated order of withdrawal account will be treated the same as interest income received from an account on which interest is payable on a quarterly basis.
Amends Title XVI (Supplemental Security Income for the Aged, Blind, and Disabled) of the Social Security Act to exclude from an individual's income, for the purpose of determining such individual's eligibility for the supplemental security income program, interest income received by an individual from a negotiated order of withdrawal account, on which interest payments are made more frequently than quarterly.
Introduced in Senate
Referred to Senate Committee on Finance.
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