HR 1004 · 112th Congress · Taxation

Health Flexible Spending Arrangements Improvements Act of 2012

Introduced 2011-03-10· Sponsored by Rep. Boustany, Charles W., Jr. [R-LA-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 363.(2012-06-05)

Plain Language Summary

[AI summary unavailable — showing source text] Medical FSA Improvement Act of 2011 - Amends the Internal Revenue Code to allow amounts in a flexible spending arrangement (FSA) that are not spent for medical care to be distributed to the FSA participant as taxable income after the close of a plan year (currently, such unspent amounts are forfeited). Includes such FSAs in the definition of tax-exempt cafeteria plans.…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 1004, Health Flexible Spending Arrangements Improvements Act of 2012

Jun 4, 2012

As ordered reported by the House Committee on Ways and Means on May 31, 2012 SUMMARY

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (20)

6 Democrats14 Republicans