Timely and Accurate Benefits Act

The Timely and Accurate Benefits Act would require states to procure, contract, and use an Enhanced Income Verification Platform within one year of enactment to be eligible for federal funds for covered benefit programs. Covered programs include any federal, state, or locally administered benefit where eligibility or benefit amount is based, in whole or in part, on household income. The platform must use automated, real-time data matching and applicant-permissioned access to bank transaction data to verify enhanced gross income—including wages, gig economy earnings, government benefits, investment income, and other sources—to prevent unreported or underreported income and improper payments.

No official summary is available here. This one was written by AI from the bill’s text.