House
Jul 29, 2020Family Savings Flexibility Act
Summary
Official
Family Savings Flexibility Act This bill (1) increases to $2,750 the maximum amount of unused benefits or contributions remaining in a health flexible or dependent care spending arrangement that may be carried over from the 2020 to the 2021 plan year, (2) increases the maximum contribution amount for health savings accounts, and (3) increases the exclusion from employee gross income of employer-paid dependent care assistance.
Bill Progress
Committee is reviewing, marking up, or holding hearings on the bill
Introduced(7/16/20)
Committee
Passed
House
Passed
Senate
President
Law
Cosponsors (10)
Latest Action
Referred to the Subcommittee on Select Revenue Measures.
Jul 29, 2020