HR 1860 · 117th Congress · Taxation
Responsible Additions and Increases To Sustain Employee Health Benefits Act of 2021
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2021-03-11)
Plain Language Summary
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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