H.R. 775 — To amend the Internal Revenue Code of 1986 to inflation adjust the $5,000 limitation with respect to dependent care assistance programs and flexible spending arrangements.

Summary

This bill amends the Internal Revenue Code to provide for an annual adjustment for inflation in taxable years beginning after 2017 to the $5,000 exclusion from the gross income of employees who receive employer-provided dependent care assistance.

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Related Legislation

H.R. 386Working Parents Tax Relief Act
2017-01-09Referred to the House Committee on Ways and Means.
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S. 1938Stronger Way Act
2017-10-05Read twice and referred to the Committee on Finance.
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H.R. 7057Child and Dependent Care Modernization Act of 2018
2018-10-09Referred to the House Committee on Ways and Means.
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Legislative Actions

2017-01-31
Introduced in House
2017-01-31
Introduced in House
2017-01-31
Referred to the House Committee on Ways and Means.

To amend the Internal Revenue Code of 1986 to inflation adjust the $5,000 limitation with respect to dependent care assistance programs and flexible spending arrangements.

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