HR 7436 · 116th Congress · Taxation
Working Families Childcare Access (WFCA) Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Select Revenue Measures.(2020-07-01)
Plain Language Summary
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Working Families Childcare Access (WFCA) Act This bill increases to $15,000 the maximum amount of dependent care assistance that may be excluded from the gross income of an employee receiving such assistance. It also permits a carryforward to a succeeding year of unused balances in a dependent care assistance flexible spending arrangement.…
Summarized by Claude AI · Non-partisan · For informational purposes only