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H.R. 775

BillFederalHouseIn Committee
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.
About This Bill
Committee
Latest Action · January 31, 2017
Referred to the House Committee on Ways and Means.
Congress
115th (2017–2019)
Introduced
January 31, 2017
Sponsor
Rep. John MoolenaarR
Cosponsors (0)
None
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Summary

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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.

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