118th Congress · HOUSE BILLBILL

H.R. 1421 — Improving Child Care for Working Families Act of 2023

“To amend the Internal Revenue Code of 1986 to increase the limitation of the exclusion for dependent care assistance programs.”

Taxation

Introduced Mar 7, 2023

Last action Mar 7, 2023

Pipeline · Bill → Law

Step 1

Introduced

Mar 7, 2023

Step 2

Referred

Mar 7, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill increases the limitation on the exclusion from employee gross income for employer-paid dependent care assistance from $5,000 to $10,500.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Mar 7, 2023

Introduced in House

Mar 7, 2023

Referred to the House Committee on Ways and Means.