HR 27
106th Congress
House
Taxation
Annuities
Civil Service pensions
Cost of living adjustments
Economics and Public Finance
Education
Education savings accounts
Finance and Financial Sector
Flexible benefit plans
Government Operations and Politics
Health
Higher education
Income tax
Indexing (Economic policy)
Individual retirement accounts
Labor and Employment
Local employees
Medical savings accounts
Personal income tax
State employees
To amend the Internal Revenue Code of 1986 to allow the carryover of unused nontaxable benefits under cafeteria plans and flexible spending arrangements, and for other purposes.
Introduced: January 6, 1999
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 6, 1999
Referred to the House Committee on Ways and Means.
Jan 6, 1999
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to permit: (1) annual carryover of up to $500 of unused nontaxable cafeteria plan and flexible spending arrangement benefits; or (2) such carryover to be distributed as taxable income, or rolled over tax free to certain retirement plans, an education individual retirement plan, or a medical savings account.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1