119-hr2359

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2359 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 2359

 To amend part A of title IV of the Social Security Act to establish 
deadlines for the obligation and expenditure of funds and allow States 
 to establish rainy day funds under the program of block grants to 
 States for temporary assistance for needy families.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 March 26, 2025

Mr. Carey (for himself and Mr. Miller of Ohio) introduced the following 
 bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

 A BILL

 To amend part A of title IV of the Social Security Act to establish 
deadlines for the obligation and expenditure of funds and allow States 
 to establish rainy day funds under the program of block grants to 
 States for temporary assistance for needy families.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Improve Transparency and Stability 
for Families and Children Act''.

SEC. 2. DEADLINES FOR THE OBLIGATION AND EXPENDITURE OF FUNDS.

    (a) In General.--

Section 404

    (e) of the Social Security Act (42 
U.S.C. 604

    (e) ) is amended to read as follows:
 ``

    (e) Deadlines for Obligation and Expenditure of Funds by 
States.--
 ``

    (1) In general.--Except as provided in paragraph

    (2) , a 
 State to which funds are paid, after the effective date of this 
 subsection, under 

section 403

    (a)

    (1) for a fiscal year shall 
 obligate the funds not later than the end of the succeeding 
 fiscal year, and shall expend the funds not later than the end 
 of the 2nd succeeding fiscal year.
 ``

    (2) Exception for limited amount of funds set aside for 
 future use.--
 ``
        (A) In general.--Notwithstanding paragraph

    (1) of 
 this subsection, a State to which funds are paid under 
 

section 403

    (a)

    (1) , after the effective date of this 
 subsection, for a fiscal year may reserve not more than 
 15 percent of the funds for future use in the State 
 program funded under this part, subject to subparagraph
        (B) of this paragraph.
 ``
        (B) Limitation.--The total amount held in reserve 
 by a State under subparagraph
        (A) of this paragraph 
 shall not exceed an amount equal to 50 percent of the 
 total amount paid to the State under 

section 403

    (a)

    (1) for the then preceding fiscal year.
 ``
            (C) Notice of intent to reserve funds.--A State 
 that intends to reserve funds under subparagraph
        (A) shall notify the Secretary of the intention not later 
 than the end of the period in which the funds are 
 available for obligation without regard to subparagraph
        (A) of this paragraph.''.

    (b) Effective Date.--The amendment made by subsection

    (a) shall 
take effect on October 1, 2026.
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