H.R. 2879 · 116th Congress
Working Families Relief Act
- Stage
- In committee
- Sponsor
- Linda Sánchez
- Introduced
- 2019-05-21
- Latest action
- 2019-05-21 · Introduced in House
Summary
Working Families Relief Act
This bill increases and expands tax incentives for employer-provided dependent care assistance programs.
The bill increases the limit on the amount excludible from the gross income of an employee for employer-provided dependent care assistance and requires annual inflation adjustments to such increased limit after 2020.
The bill also allows tax credits for (1) small employer dependent care assistance program start-up costs, and (2) employer matching contributions for dependent care assistance programs.