Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2017
- Last Action
- 2/17/2017
Actions
- 2017-02-17Referred to the House Committee on Ways and Means.
- 2017-02-17Introduced in House
- 2017-02-17Introduced in House
CRS Summary
As of 2017-02-17 (00)
Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2017
This bill amends the Internal Revenue Code, with respect to the tax exclusion for distributions from health flexible spending arrangements provided under a cafeteria plan, to: (1) increase the annual limit on employee salary reduction contributions to $5,000, with an additional $500 for each additional employee dependent above two dependents that has not been taken into account by another person for the year; (2) revise the adjustment for inflation after 2017; and (3) allow a carryforward into the next year for unused amounts in such plans.
Cosponsors (20)
- Michelle Lujan Grisham (D-NM)
- Marsha Blackburn (R-TN)
- Chellie Pingree (D-ME)
- Barbara Comstock (R-VA)
- Chris Collins (R-NY)
- Derek Kilmer (D-WA)
- Stevan Pearce (R-NM)
- PATRICK TIBERI (R-OH)
- PETER DEFAZIO (D-OR)
- Kyrsten Sinema (D-AZ)
- Cheri Bustos (D-IL)
- Paul Gosar (R-AZ)
- Bill Flores (R-TX)
- Elise Stefanik (R-NY)
- John Moolenaar (R-MI)
- Mike Kelly (R-PA)
- David Joyce (R-OH)
- Tim Walberg (R-MI)
- Robert Latta (R-OH)
- Jared Huffman (D-CA)
Subjects
- Employee benefits and pensions
- Health care costs and insurance
- Income tax exclusion
- Inflation and prices
Sourced from Congress.gov (public domain).
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