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H.R. 7666

BillFederalHouseIn Committee
Family Savings Flexibility Act
About This Bill
Committee
Latest Action · July 29, 2020
Referred to the Subcommittee on Select Revenue Measures.
Congress
116th (2019–2021)
Introduced
July 16, 2020
Sponsor
Rep. Brad WenstrupR
Cosponsors (15)
5D 10R
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Summary

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Family Savings Flexibility Act This bill (1) increases to $2,750 the maximum amount of unused benefits or contributions remaining in a health flexible or dependent care spending arrangement that may be carried over from the 2020 to the 2021 plan year, (2) increases the maximum contribution amount for health savings accounts, and (3) increases the exclusion from employee gross income of employer-paid dependent care assistance.

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