HOUSE 1985116th CongressReferred to the House Committee on Ways and Means.
Family Savings for Kids and Seniors Act
- Last Action
- 3/28/2019
Actions
- 2019-03-28Referred to the House Committee on Ways and Means.
- 2019-03-28Introduced in House
- 2019-03-28Introduced in House
CRS Summary
As of 2019-03-28 (00)
Family Savings for Kids and Seniors Act
This bill increases the amount that employees may exclude from their gross income for employer-provided dependent care assistance. The bill increases the existing $5,000 limit by requiring annual adjustments that account for inflation.
Cosponsors (7)
- Jaime Herrera Beutler (R-WA)
- Angie Craig (D-MN)
- Alan Lowenthal (D-CA)
- PETER DEFAZIO (D-OR)
- Tom Cole (R-OK)
- Veronica Escobar (D-TX)
- Jamie Raskin (D-MD)
Subjects
- Child care and development
- Disability and paralysis
- Employee benefits and pensions
- Income tax exclusion
- Inflation and prices
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.