HR 7057
115th Congress
House
Taxation
Adult day care
Child care and development
Employee benefits and pensions
Income tax exclusion
Child and Dependent Care Modernization Act of 2018
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 9, 2018
Referred to the House Committee on Ways and Means.
Oct 9, 2018
Introduced in House
Plain-English summary
Child and Dependent Care Modernization Act of 2018
This bill amends the Internal Revenue Code, with respect to employer-provided dependent care assistance programs, to: (1) increase the amounts of dependent care assistance that employees may exclude from gross income, (2) require the increased limits to be adjusted for inflation after 2019, and (3) allow certain unused dependent care flexible spending account balances to be carried forward into the next year.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1