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To amend the Internal Revenue Code of 1986 to treat as compensation for purposes of retirement contribution limitations any difficulty of care payments excluded from gross income.

USA116th CongressHR-1932| House 
| Updated: 3/27/2019
Kim Schrier

Kim Schrier

Democratic Representative

Washington

Cosponsors (7)
Jimmy Panetta (Democratic)Suzan K. DelBene (Democratic)Pramila Jayapal (Democratic)Mike Thompson (Democratic)Linda T. Sánchez (Democratic)Jimmy Gomez (Democratic)Judy Chu (Democratic)

Ways and Means Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
This bill requires difficulty of care payments that are excluded from gross income to be treated as compensation for the purpose of determining limitations on contributions to tax-exempt retirement accounts. Difficulty of care payments are received by foster care providers as compensation for providing additional care for a foster individual. The care must be (1) required by reason of a physical, mental, or emotional handicap of the individual; and (2) provided in the home of the foster care provider.
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Timeline
Mar 27, 2019
Introduced in House
Mar 27, 2019
Referred to the House Committee on Ways and Means.
  • March 27, 2019
    Introduced in House


  • March 27, 2019
    Referred to the House Committee on Ways and Means.

Taxation

Related Bills

  • HR 116-1994: Setting Every Community Up for Retirement Enhancement Act of 2019
Adoption and foster careDisability assistanceEmployee benefits and pensionsIncome tax deductionsIncome tax exclusion

To amend the Internal Revenue Code of 1986 to treat as compensation for purposes of retirement contribution limitations any difficulty of care payments excluded from gross income.

USA116th CongressHR-1932| House 
| Updated: 3/27/2019
This bill requires difficulty of care payments that are excluded from gross income to be treated as compensation for the purpose of determining limitations on contributions to tax-exempt retirement accounts. Difficulty of care payments are received by foster care providers as compensation for providing additional care for a foster individual. The care must be (1) required by reason of a physical, mental, or emotional handicap of the individual; and (2) provided in the home of the foster care provider.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 27, 2019
Introduced in House
Mar 27, 2019
Referred to the House Committee on Ways and Means.
  • March 27, 2019
    Introduced in House


  • March 27, 2019
    Referred to the House Committee on Ways and Means.
Kim Schrier

Kim Schrier

Democratic Representative

Washington

Cosponsors (7)
Jimmy Panetta (Democratic)Suzan K. DelBene (Democratic)Pramila Jayapal (Democratic)Mike Thompson (Democratic)Linda T. Sánchez (Democratic)Jimmy Gomez (Democratic)Judy Chu (Democratic)

Ways and Means Committee

Taxation

Related Bills

  • HR 116-1994: Setting Every Community Up for Retirement Enhancement Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Adoption and foster careDisability assistanceEmployee benefits and pensionsIncome tax deductionsIncome tax exclusion