HR 1860 · 117th Congress · Taxation

Responsible Additions and Increases To Sustain Employee Health Benefits Act of 2021

Introduced 2021-03-11· 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.(2021-03-11)

Plain Language Summary

[AI summary unavailable — showing source text] Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2021 This bill modifies the tax exclusion for distributions from health flexible spending arrangements provided to employees 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 2021; 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)

6 Democrats14 Republicans