S 2879
114th Congress
Senate
Taxation
Child care and development
Disability and paralysis
Employee benefits and pensions
Income tax credits
Income tax exclusion
Inflation and prices
Working Families Relief Act
Introduced: April 28, 2016
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 28, 2016
Read twice and referred to the Committee on Finance.
Apr 28, 2016
Introduced in Senate
Plain-English summary
Working Families Relief Act
This bill amends the Internal Revenue Code to increase and expand tax incentives for employer-provided dependent care assistance.
The bill increases the limit on the amount excludible from the gross income of an employee for employer-provided dependent care assistance and requires annual inflation adjustments to such increased limit after 2017.
The bill also establishes tax credits for: (1) small employer dependent care assistance program start-up costs, and (2) employer matching contributions for dependent care assistance programs.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1