Responsible Additions and Increases To Sustain Employee Health Benefits Act of 2021
- Last Action
- 3/11/2021
Actions
- 2021-03-11Referred to the House Committee on Ways and Means.
- 2021-03-11Introduced in House
- 2021-03-11Introduced in House
CRS Summary
As of 2021-03-11 (00)
Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2021
This bill modifies the tax exclusion for distributions from health flexible spending arrangements provided to employees 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 2021; and (3) allow a carryforward into the next year for unused amounts in such plans.
Cosponsors (20)
- Vicente Gonzalez (D-TX)
- Mike Kelly (R-PA)
- Joyce Beatty (D-OH)
- Rick Allen (R-GA)
- Steve Cohen (D-TN)
- ELEANOR NORTON (D-DC)
- Bill Johnson (R-OH)
- Rodney Davis (R-IL)
- Troy Balderson (R-OH)
- Glenn Grothman (R-WI)
- Brian Fitzpatrick (R-PA)
- Paul Gosar (R-AZ)
- STEVE CHABOT (R-OH)
- C. A. Ruppersberger (D-MD)
- Ann Wagner (R-MO)
- James Baird (R-IN)
- Tom Emmer (R-MN)
- Grace Meng (D-NY)
- Randy Weber (R-TX)
- Bill Posey (R-FL)
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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