119th Congress · Senate bill · Last action Mar 11, 2025
S. 970In CommitteeHousing and Community Development
Helping More Families Save Act
Sponsor: Sen. Reed, Jack (D-RI)6 cosponsorsIntroduced Mar 11, 2025
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In plain English
This bill, sponsored by Sen. Jack Reed (D-RI) with bipartisan cosponsorship, establishes a pilot program to expand family self-sufficiency escrow accounts. The program allows families participating in federally assisted housing to build savings through escrow arrangements tied to their housing assistance benefits.
Generated by ThePolitibase from the bill text and CRS summary. Read the official text →
Where it is in the process
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Introduced
Mar 11
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Senate committee
Mar 11
3
Senate floor
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4
House
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5
Signed
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What happens next: Sits in committee. Needs a markup or favorable report to advance to the Senate floor.
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Sponsor
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Cosponsors (6)
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MS
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3 Democrats, 3 Republicans (of 6 shown).
Activity timeline
Mar 11
Mar 11, 2025
Mar 11, 2025
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1666-1667)
Mar 11
Mar 11, 2025
Mar 11, 2025
Introduced in Senate
Read the bill text
Official text via Congress.gov. Opens in a new tab.
Full action log
All 2 recorded actions since introduction · Source: Congress.gov
Mar 11
SENATERead twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1666-1667)
Mar 11
Introduced in Senate
All 6 cosponsors
3 Democrats · 3 Republicans
Democrats (3)
Republicans (3)
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