HR 1004
112th Congress
House
Taxation
Employee benefits and pensions
Health care costs and insurance
Income tax exclusion
Health Flexible Spending Arrangements Improvements Act of 2012
Introduced: March 10, 2011
See on congress.gov
Everywhere this bill has been
7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 5, 2012
Placed on the Union Calendar, Calendar No. 363.
Jun 5, 2012
Reported (Amended) by the Committee on Ways and Means. H. Rept. 112-515.
May 31, 2012
Ordered to be Reported (Amended) by the Yeas and Nays: 23 - 6.
May 31, 2012
Committee Consideration and Mark-up Session Held.
Mar 14, 2011
Referred to the Subcommittee on Health.
Mar 10, 2011
Referred to the House Committee on Ways and Means.
Mar 10, 2011
Introduced in House
Plain-English summary
Health Flexible Spending Arrangements Improvements Act of 2012 - Amends the Internal Revenue Code to allow a distribution to a participant in a flexible spending arrangement (FSA) of FSA funds not used to reimburse medical expenses by the end of the plan year (currently, unspent funds must be forfeited). Limits the amount of such distribution to the lesser of: (1) $500; or (2) the excess of the salary reduction contributions to the FSA, over reimbursements for medical expenses for the plan year. Includes such distributions in the gross income of the FSA participant for income and employment tax purposes.
What's happening now
Placed on the Union Calendar, Calendar No. 363.
Committees of jurisdiction
2