118th Congress · HOUSE BILLBILL

H.R. 5036 — Family Savings for Kids and Seniors Act

“To amend the Internal Revenue Code of 1986 to increase the exclusion for employer-provided dependent care assistance including the limitation on dependent care flexible spending arrangements.”

Taxation

Introduced Jul 27, 2023

Last action Jul 27, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jul 27, 2023

Step 2

Referred

Jul 27, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill provides an annual inflation adjustment after 2023 to the $5,000 tax exclusion for employer-provided dependent care assistance.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Jul 27, 2023

Introduced in House

Jul 27, 2023

Referred to the House Committee on Ways and Means.