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HR 7666 116th Congress House Taxation Employee benefits and pensions Health care costs and insurance Income tax deductions Income tax exclusion Marriage and family status Tax treatment of families

Family Savings Flexibility Act

Introduced: October 30, 2020 See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 29, 2020
Referred to the Subcommittee on Select Revenue Measures.
Jul 29, 2020
Sponsor introductory remarks on measure. (CR H3918)
Jul 16, 2020
Referred to the House Committee on Ways and Means.
Jul 16, 2020
Introduced in House
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 Plain-English summary Congressional Research Service

Family Savings Flexibility Act

This bill (1) increases to $2,750 the maximum amount of unused benefits or contributions remaining in a health flexible or dependent care spending arrangement that may be carried over from the 2020 to the 2021 plan year, (2) increases the maximum contribution amount for health savings accounts, and (3) increases the exclusion from employee gross income of employer-paid dependent care assistance.

What's happening now July 29, 2020

Referred to the Subcommittee on Select Revenue Measures.

 Related & companion bills 1
  • HR 7008 Related bill Family Savings Flexibility Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 15
All 15 Democratic 4 Republican 7
R
Walberg, Tim
Michigan · Nov 19, 2020
Stivers, Steve
· Oct 30, 2020
 R
Steil, Bryan
Wisconsin · Oct 9, 2020
 D
Pingree, Chellie
Maine · Sep 29, 2020
 D
Gottheimer, Josh
New Jersey · Sep 22, 2020
Walorski, Jackie
· Sep 16, 2020
 R
Perry, Scott
Pennsylvania · Jul 31, 2020
 R
Balderson, Troy
Ohio · Jul 29, 2020
 R
Cole, Tom
Oklahoma · Jul 29, 2020
 R
Fitzpatrick, Brian K.
Pennsylvania · Jul 29, 2020
Gonzalez, Anthony
· Jul 29, 2020
 D
Morelle, Joseph D.
New York · Jul 29, 2020
 D
Norton, Eleanor Holmes
District of Columbia · Jul 29, 2020
Axne, Cynthia
· Jul 16, 2020
 R
Kelly, Mike
Pennsylvania · Jul 16, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 7666: Family Savings Flexibility Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-7666/
MLA
"H.R. 7666: Family Savings Flexibility Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-7666/.
Bluebook (legal)
H.R. 7666, 116th Cong. (2026), https://openamerica.io/bill/116-HR-7666/.
Markdown link
[H.R. 7666: Family Savings Flexibility Act](https://openamerica.io/bill/116-HR-7666/)
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