HR 1932
116th Congress
House
Taxation
Adoption and foster care
Disability assistance
Employee benefits and pensions
Income tax deductions
Income tax exclusion
To amend the Internal Revenue Code of 1986 to treat as compensation for purposes of retirement contribution limitations any difficulty of care payments excluded from gross income.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 2019
Referred to the House Committee on Ways and Means.
Mar 27, 2019
Introduced in House
Plain-English summary
This bill requires difficulty of care payments that are excluded from gross income to be treated as compensation for the purpose of determining limitations on contributions to tax-exempt retirement accounts.
Difficulty of care payments are received by foster care providers as compensation for providing additional care for a foster individual. The care must be (1) required by reason of a physical, mental, or emotional handicap of the individual; and (2) provided in the home of the foster care provider.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1