A bill to amend title XVI of the Social Security Act to provide that the reasonable value of an individual's home, as determined for purposes of such title, shall be determined after taking into account (together with other pertinent factors) the current prevailing market prices of homes in the particular area in which such home is located.

Summary

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.

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1 official file

• Introduced in Senate

  summary · EN · 5 August 1976

  Open at official source

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