To amend the Internal Revenue Code to increase the exclusion for employer-provided dependent care assistance and to allow limited annual carryforward of unused dependent care flexible spending arrangement account balances.
USA115th CongressHR-7057| House
| Updated: 10/9/2018
Ann Wagner
Republican Representative
Missouri
Cosponsors (1)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Child and Dependent Care Modernization Act of 2018 This bill amends the Internal Revenue Code, with respect to employer-provided dependent care assistance programs, to: (1) increase the amounts of dependent care assistance that employees may exclude from gross income, (2) require the increased limits to be adjusted for inflation after 2019, and (3) allow certain unused dependent care flexible spending account balances to be carried forward into the next year.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Adult day careChild care and developmentEmployee benefits and pensionsIncome tax exclusion
To amend the Internal Revenue Code to increase the exclusion for employer-provided dependent care assistance and to allow limited annual carryforward of unused dependent care flexible spending arrangement account balances.
USA115th CongressHR-7057| House
| Updated: 10/9/2018
Child and Dependent Care Modernization Act of 2018 This bill amends the Internal Revenue Code, with respect to employer-provided dependent care assistance programs, to: (1) increase the amounts of dependent care assistance that employees may exclude from gross income, (2) require the increased limits to be adjusted for inflation after 2019, and (3) allow certain unused dependent care flexible spending account balances to be carried forward into the next year.
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Ann Wagner
Republican Representative
Missouri
Cosponsors (1)
Ways and Means Committee
Taxation
Related Bills
- HR 115-782: To amend the Internal Revenue Code of 1986 to increase the amount excluded from gross income for employer-provided dependent care assistance.
- HR 115-775: 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.
- HR 115-1959: To amend the Internal Revenue Code of 1986 to increase the exclusion for employer-provided dependent care assistance.
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Adult day careChild care and developmentEmployee benefits and pensionsIncome tax exclusion