H.R. 1634 · 113th Congress
Medical FSA Improvement Act of 2013
- Stage
- In committee
- Sponsor
- Charles Boustany
- Introduced
- 2013-04-18
- Latest action
- 2013-04-18 · Introduced in House
Summary
Medical FSA Improvement Act of 2013 - Amends the Internal Revenue Code to allow amounts in a flexible spending arrangement (FSA) that are not spent for medical care to be distributed to the FSA participant as taxable income after the close of a plan year (currently, such unspent amounts are forfeited). Includes such FSAs in the definition of tax-exempt cafeteria plans.