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S 966 113th Congress Senate Taxation Employee benefits and pensions Health care costs and insurance Income tax exclusion

Medical FSA Improvement Act of 2013

Introduced: May 15, 2013 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 15, 2013
Read twice and referred to the Committee on Finance.
May 15, 2013
Introduced in Senate
May 15, 2013
Sponsor introductory remarks on measure. (CR S3533-3534)
 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 May 15, 2013

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1