H.R. 1985
Referred to CommitteeFamily Savings for Kids and Seniors Act
Introduced 3/28/2019•116th Congress•House
Latest Action
Referred to the House Committee on Ways and Means.
3/28/2019 • House
Summary
Family Savings for Kids and Seniors Act
This bill increases the amount that employees may exclude from their gross income for employer-provided dependent care assistance. The bill increases the existing $5,000 limit by requiring annual adjustments that account for inflation.
Introduced in House • 3/28/2019
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Topics & Subjects
Policy Area: Taxation
Child care and developmentDisability and paralysisEmployee benefits and pensionsIncome tax exclusionInflation and prices
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (8)
Party Breakdown
6
Democrats
2
Republicans
0
Independents
Sponsor
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Cosponsors (7)
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Bill Journey
Originated in the House
Introduced
March 28, 2019
Referred to the House Committee on Ways and Means.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law
Text Versions (1)
Introduced in House3/28/2019