HR 775 · 115th Congress · Taxation

To amend the Internal Revenue Code of 1986 to inflation adjust the $5,000 limitation with respect to dependent care assistance programs and flexible spending arrangements.

Introduced 2017-01-31· Sponsored by Rep. Moolenaar, John R. [R-MI-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2017-01-31)

Plain Language Summary

[AI summary unavailable — showing source text] This bill amends the Internal Revenue Code to provide for an annual adjustment for inflation in taxable years beginning after 2017 to the $5,000 exclusion from the gross income of employees who receive employer-provided dependent care assistance.…

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