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.
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.
Child care and developmentDisability and paralysisEmployee benefits and pensionsIncome tax exclusionInflation and prices
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.
USA115th CongressHR-775| House
| Updated: 1/31/2017
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.