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HR 1634 113th Congress House Taxation Employee benefits and pensions Health care costs and insurance Income tax exclusion

Medical FSA Improvement Act of 2013

Introduced: April 18, 2013 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 18, 2013
Referred to the House Committee on Ways and Means.
Apr 18, 2013
Introduced in House
 Plain-English summary Congressional Research Service

Medical FSA Improvement Act of 2013 - Amends the Internal Revenue Code to allow amounts in a flexible spending arrangement (FSA) that are not spent for medical care to be distributed to the FSA participant as taxable income after the close of a plan year (currently, such unspent amounts are forfeited). Includes such FSAs in the definition of tax-exempt cafeteria plans.

What's happening now April 18, 2013

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1