Thrifty Food Plan Accountability Act of 2023

HR 4964, the Thrifty Food Plan Accountability Act of 2023, amends the Food and Nutrition Act to require that any future re-evaluation of the Thrifty Food Plan (TFP) used to calculate Supplemental Nutrition Assistance Program (SNAP) benefits must be budget-neutral. This means adjustments to the TFP cost calculation cannot increase overall program spending. The bill mandates that any changes to the TFP diet cost must follow specific, predefined methods outlined in the referenced paragraphs (1)-(4) of the law. This affects how SNAP benefit amounts are determined for millions of low-income households receiving food assistance.