To require payments for motor vehicle insurance policy premiums to be taken into account in determining eligibility for benefits or assistance provided through Federal funds, and for other purposes.
About This Bill
Committee
Latest Action · July 11, 2024
Referred to the House Committee on Oversight and Accountability.
The Auto Insurance Expense Relief Act of 2024 would allow individuals to deduct their car insurance payments when determining eligibility for federal benefits and assistance programs. This means that auto insurance premiums would not count as income or resources when calculating whether someone qualifies for programs like Medicaid, food assistance, housing aid, or other federally funded benefits. The bill applies to insurance for passenger vehicles registered under state law and covers payments made by individuals for themselves or any household member. The legislation would affect low-income Americans who struggle with both car insurance costs and qualifying for assistance programs, as it would make it easier for them to meet income thresholds. No specific funding amounts or implementation timelines are included in the bill text, which instead directs federal agencies to adjust their eligibility determination processes accordingly.
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