To amend the Internal Revenue Code of 1986 to increase the dollar limitation on the exclusion for employer-provided dependent care assistance.
Child Care Flex Spending Act of 2012 - Amends the Internal Revenue Code to increase from $5,000 to $10,000 the limitation on the tax exclusion for employer-provided dependent care assistance for taxpayers whose modified adjusted gross income is less than $100,000. Provides for an annual inflation adjustment beginning after 2013 for the increased limitation amount and the modified adjusted gross income amount.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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