House
Jun 11, 2020To amend the Internal Revenue Code of 1986 to provide special disposition rules for unused benefits in flexible spending arrangements of individuals for calendar year 2020.
Summary
Official
This bill requires flexible spending arrangements established for 2020 to provide for the rollover of unused benefits or contributions to 2021. It also permits plan participants to modify their election amount and extends the grace period for the 2020 plan year to 12 months after the end of such plan year.
Bill Progress
Bill has been introduced and assigned a number
Introduced(6/11/20)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
GP
Mr. Palmer
House (R) Alabama – 6
Cosponsors (14)
Topics
Latest Action
Referred to the House Committee on Ways and Means.
Jun 11, 2020