S 2883 · 111th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to provide for the distribution of remaining balances in flexible spending arrangements upon termination from employment.

Introduced 2009-12-15· Sponsored by Sen. Johanns, Mike [R-NE]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2009-12-15)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow, without penalty, a participant in an employer-sponsored health or dependent care flexible spending arrangement to withdraw any remaining balance in such plans at the time such participant is separated from employment.…

Summarized by Claude AI · Non-partisan · For informational purposes only