H.R. 386 · 115th Congress
Working Parents Tax Relief Act
- Stage
- In committee
- Sponsor
- F. Sensenbrenner
- Introduced
- 2017-01-09
- Latest action
- 2017-01-09 · Introduced in House
Summary
Working Parents Tax Relief Act
This bill amends the Internal Revenue Code to: (1) increase from $5,000 to $7,500 (adjusted for inflation after 2017) the amount of employer-provided dependent care assistance that an employee may exclude from gross income, and (2) permit unused dependent care benefits in cafeteria plans and flexible spending arrangements to be carried forward to the succeeding plan year.