HOUSE 386115th CongressReferred to the House Committee on Ways and Means.
Working Parents Tax Relief Act
- Last Action
- 1/9/2017
Actions
- 2017-01-09Referred to the House Committee on Ways and Means.
- 2017-01-09Introduced in House
- 2017-01-09Introduced in House
CRS Summary
As of 2017-01-09 (00)
Working Parents Tax Relief Act
This bill amends the Internal Revenue Code to: (1) increase from $5,000 to $7,500 (adjusted for inflation after 2017) the amount of employer-provided dependent care assistance that an employee may exclude from gross income, and (2) permit unused dependent care benefits in cafeteria plans and flexible spending arrangements to be carried forward to the succeeding plan year.
Subjects
- Child care and development
- Disability and paralysis
- Employee benefits and pensions
- Income tax exclusion
- Inflation and prices
Sourced from Congress.gov (public domain).
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