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House Bill 1959
115th Congress(2017-2018)
Child and Dependent Care FSA Enhancement Act
Introduced
Introduced
Introduced in House on Apr 5, 2017
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Introduced in House 
Apr 5, 2017
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Introduced in House(Apr 5, 2017)
Apr 5, 2017
Not Scanned for Linkage
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Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
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H. R. 1959 (Introduced-in-House)


115th CONGRESS
1st Session
H. R. 1959


To amend the Internal Revenue Code of 1986 to increase the exclusion for employer-provided dependent care assistance.

IN THE HOUSE OF REPRESENTATIVES

April 5, 2017

Ms. Sinema (for herself and Ms. Herrera Beutler) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to increase the exclusion for employer-provided dependent care assistance.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Child and Dependent Care FSA Enhancement Act”.

SEC. 2. Increase in exclusion for employer-provided dependent care assistance.

(a) In general.—Section 129(a)(2)(A) of the Internal Revenue Code of 1986 is amended by striking “$5,000 ($2,500” and inserting “$7,500 (half such dollar amount”.

(b) Inflation adjustment.—Section 129(a)(2) of such Code is amended by redesignating subparagraph (C) as subparagraph (D) and by inserting after subparagraph (B) the following new subparagraph:

“(C) INFLATION ADJUSTMENT.—In the case of any taxable year beginning in a calendar year after 2016, the $7,500 amount in subparagraph (A) shall be increased by an amount equal to—

“(i) such dollar amount, multiplied by

“(ii) the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting ‘calendar year 2015’ for ‘calendar year 1992’ in subparagraph (B) thereof.

Any increase determined under the preceding sentence shall be rounded to the nearest multiple of $100.”.

(c) Effective date.—The amendment made by this section shall apply to taxable years beginning after December 31, 2017.