S 2879 · 114th Congress · Taxation

Working Families Relief Act

Introduced 2016-04-28· Sponsored by Sen. Ayotte, Kelly [R-NH]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2016-04-28)

Plain Language Summary

[AI summary unavailable — showing source text] Working Families Relief Act This bill amends the Internal Revenue Code to increase and expand tax incentives for employer-provided dependent care assistance. The bill increases the limit on the amount excludible from the gross income of an employee for employer-provided dependent care assistance and requires annual inflation adjustments to such increased limit after 2017. The bill also establishes tax credits for: (1) small employer dependent care assistance program start-up costs, and (2) employer matching contributions for dependent care assistance programs.…

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

Cosponsors (1)

1 Republican