To allow individuals to mitigate the financial impact of COVID-19 by taking a one-time distribution of flexible spending arrangement funds in certain plan years, and for other purposes.
About This Bill
Committee
Latest Action · August 11, 2020
Referred to the House Committee on Ways and Means.
COVID-19 Health and Dependent Care Flexible Spending Account Distribution Act
This bill allows a one-time distribution of amounts in a flexible spending arrangement in plan years 2020, 2021, and any plan year during a calendar year in which the President declares a national emergency with respect to COVID-19 (i.e., coronavirus disease 2019)
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