S 2802
115th Congress
Senate
Taxation
Employee benefits and pensions
Health care costs and insurance
Income tax exclusion
Inflation and prices
Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2018
Introduced: May 8, 2018
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 8, 2018
Read twice and referred to the Committee on Finance.
May 8, 2018
Introduced in Senate
Plain-English summary
Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2018
This bill amends the Internal Revenue Code, with respect to the tax exclusion for distributions from health flexible spending arrangements provided under a cafeteria plan, to: (1) increase the annual limit on employee salary reduction contributions to $5,000, with an additional $500 for each additional employee dependent above two dependents that has not been taken into account by another person for the year; (2) revise the adjustment for inflation after 2018; and (3) allow a carryforward into the next year for unused amounts in such plans.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1