We have received text from H.R. 7120: Purple Heart Freedom to Work Act. This bill was received on 2026-01-15, and currently has no cosponsors.
Here is a short summary of the bill:
This bill, known as the Purple Heart Freedom to Work Act , proposes changes to the Social Security Act specifically aimed at helping Purple Heart recipients who are receiving disability benefits. Here’s a summary of what the bill intends to do:
Disability Benefit Offset for Purple Heart Recipients
The bill introduces a provision that would allow individuals who have received a Purple Heart and are entitled to Social Security disability benefits to continue receiving these benefits even if they work. Specifically, the bill states:
- If a Purple Heart recipient has a disability linked to their combat injury, they can keep their benefits without losing eligibility when they exceed certain earnings thresholds.
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However, their benefits will be reduced based on their earnings:
- For every $4 earned above a certain amount, their benefit would be reduced by $1.
- The benefit cannot be reduced below $0, meaning they will not owe any money back if they exceed the earnings threshold.
Conforming Amendments
The bill also includes amendments to ensure that these changes are aligned with existing laws regarding Social Security benefits. This means that other related sections of the law would be updated to reference these new provisions for Purple Heart recipients.
Application of Higher Substantial Gainful Activity (SGA) Amount
The bill proposes to increase the earnings limit for Purple Heart recipients regarding what is considered Substantial Gainful Activity (SGA). This would allow these individuals to have a higher level of earnings while still qualifying for their disability benefits. The new wording aims to include Purple Heart recipients in the categories of individuals who can earn higher amounts while still retaining their benefits.
Effective Date
The changes made by this bill would take effect for benefits payable for months beginning six months after the bill is enacted.
Relevant Companies
None found
Representative Austin Scott Bill Proposals
Here are some bills which have recently been proposed by Representative Austin Scott:
- H.R.7120: Purple Heart Freedom to Work Act
- H.R.6598: Commodity Futures Trading Commission Research and Development Modernization Act of 2025
- H.R.6019: To repeal certain provisions relating to notification to Senate offices regarding legal process on disclosure of Senate data, and for other purposes.
- H.R.2345: Ocmulgee Mounds National Park and Preserve Establishment Act
You can track bills proposed by Representative Austin Scott on Quiver Quantitative's politician page for Scott.
Representative Austin Scott Net Worth
Quiver Quantitative estimates that Representative Austin Scott is worth $1.6M, as of January 16th, 2026. This is the 275th highest net worth in Congress, per our live estimates.
Scott has approximately $57.7K invested in publicly traded assets which Quiver is able to track live.
You can track Representative Austin Scott's net worth on Quiver Quantitative's politician page for Scott.
Representative Austin Scott Stock Trading
We have data on up to $2.0M of trades from Representative Austin Scott, which we parsed from STOCK Act filings. Some of the largest trades include:
- A November 16th, 2020 sale of up to $50K of $PLUG. The stock has fallen 90.98% since then.
- A March 19th, 2021 purchase of up to $50K of $FCEL. The stock has fallen 98.33% since then.
- A January 26th, 2021 purchase of up to $50K of $JNJ. The stock has risen 28.37% since then.
- A September 8th, 2021 sale of up to $50K of $T. The stock has fallen 14.47% since then.
- A July 16th, 2020 purchase of up to $50K of $KPLT.
You can track Representative Austin Scott's stock trading on Quiver Quantitative's politician page for Scott.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
