HOUSE 775115th CongressReferred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to inflation adjust the $5,000 limitation with respect to dependent care assistance programs and flexible spending arrangements.

Last Action: 1/31/2017

Actions

2017-01-31Referred to the House Committee on Ways and Means.
2017-01-31Introduced in House
2017-01-31Introduced in House

CRS Summary

As of 2017-01-31 (00)

This bill amends the Internal Revenue Code to provide for an annual adjustment for inflation in taxable years beginning after 2017 to the $5,000 exclusion from the gross income of employees who receive employer-provided dependent care assistance.

Subjects

Child care and development
Disability and paralysis
Employee benefits and pensions
Income tax exclusion
Inflation and prices

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