House Bill 1985
116th Congress(2019-2020)
Family Savings for Kids and Seniors Act
Introduced
Introduced in House on Mar 28, 2019
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1985
Congress
116
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
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.
March 28, 2019
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03/28/2019
Referred to the House Committee on Ways and Means.
03/28/2019
Introduced in House
Public Record
Record Updated
Nov 1, 2022 6:47:28 PM