HR 1204 · 115th Congress · Taxation

Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2017

Introduced 2017-02-17· Sponsored by Rep. Stivers, Steve [R-OH-15]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2017-02-17)

Plain Language Summary

[AI summary unavailable — showing source text] Responsible Additions and Increases to Sustain Employee Health Benefits Act of 201 7 This bill amends the Internal Revenue Code, with respect to the tax exclusion for distributions from health flexible spending arrangements provided under a cafeteria plan, to: (1) increase the annual limit on employee salary reduction contributions to $5,000, with an additional $500 for each additional employee dependent above two dependents that has not been taken into account by another person for the year; (2) revise the adjustment for inflation after 2017; and (3) allow a carryforward into the next year for unused amounts in such plans.…

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

Cosponsors (20)

7 Democrats13 Republicans