S. 2616

Summary

S. 2616, a bill to amend the Act of October 19, 1973, to increase the maximum dollar amount of per capita shares for purposes of eligibility for financial assistance or other benefits under Federal or federally assisted programs, and for other purposes, was introduced in the Senate on Jul 31, 2025 by Sen. Tina Smith (D) with 1 co-sponsor. It was referred to Finance, and last saw action on Jul 31, 2025: Read twice and referred to the Committee on Finance.

Record

Text

S. 2616 has 1 co-sponsor.

119 S2616 IS: To amend the Act of October 19, 1973, to increase the maximum dollar amount of per capita shares for purposes of eligibility for financial assistance or other benefits under Federal or federally assisted programs, and for other purposes.
 U.S. Senate
 2025-07-31
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
  II
  119th CONGRESS
  1st Session
  S. 2616
  IN THE SENATE OF THE UNITED STATES
  July 31, 2025
  Ms. Smith  (for herself and  Ms. Klobuchar ) introduced the following bill; which
  was read twice and referred to the  Committee
  on Finance
  A BILL
To amend the Act of October 19, 1973, to increase the maximum dollar amount
  of per capita shares for purposes of eligibility for financial assistance or other
  benefits under Federal or federally assisted programs, and for other
  purposes.
1.
Tax exemption; resources exemption limitation
(a)
In general
Section 7 of the Act of October 19, 1973 ( 25 U.S.C. 1407 ), is amended, in the undesignated matter following paragraph (4), by striking  $2,000  and inserting  $5,000 .
(b)
Technical corrections
Section 7 of the Act of October 19, 1973 ( 25 U.S.C. 1407 ), is amended—
(1)
in paragraph (1), by striking  , or  and inserting a comma; and
(2)
in paragraph (4), by striking  cede  and inserting  ceded .

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

A bill to amend the Act of October 19, 1973, to increase the maximum dollar amount of per capita shares for purposes of eligibility for financial assistance or other benefits under Federal or federally assisted programs, and for other purposes.

Sponsors

Sen. Tina Smith (D) sponsors S. 2616, and 1 member has co-sponsored it from the day it was introduced.

Tina Smith

Sen. · D–MN · Sponsor

Introduced Jul 31, 2025

Amy Klobuchar

Sen. · D–MN · Co-sponsor

Joined Jul 31, 2025 · Original

Show 2 of 2 rows

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Committees

S. 2616 went before 1 committee: Finance.

Finance

Finance

Referred To · Jul 31, 2025 · 902 Bills

Actions

S. 2616 has taken 2 actions since Jul 31, 2025.

Votes

S. 2616 has not gone to a roll call.

Titles

S. 2616 goes by 2 titles.

• A bill to amend the Act of October 19, 1973, to increase the maximum dollar amount of per capita shares for purposes of eligibility for financial assistance or other benefits under Federal or federally assisted programs, and for other purposes. — Official Title as Introduced
• A bill to amend the Act of October 19, 1973, to increase the maximum dollar amount of per capita shares for purposes of eligibility for financial assistance or other benefits under Federal or federally assisted programs, and for other purposes. — Display Title

Classification

The Congressional Research Service files S. 2616 under Taxation, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 2616’s is Taxation.

Source: congress.gov · legiscan.com