House
Jul 29, 2020

Family 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.

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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