HR 1985 · 116th Congress · Taxation
Family Savings for Kids and Seniors Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2019-03-28)
Plain Language Summary
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Family Savings for Kids and Seniors Act This bill increases the amount that employees may exclude from their gross income for employer-provided dependent care assistance. The bill increases the existing $5,000 limit by requiring annual adjustments that account for inflation.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (7)
5 Democrats2 Republicans