H.R. 7436 · 116th Congress

Working Families Childcare Access (WFCA) Act

Stage
In committee
Introduced
2020-06-30
Latest action
2020-07-01 · Referred to the Subcommittee on Select Revenue Measures.

Summary

Working Families Childcare Access (WFCA) Act

This bill increases to $15,000 the maximum amount of dependent care assistance that may be excluded from the gross income of an employee receiving such assistance. It also permits a carryforward to a succeeding year of unused balances in a dependent care assistance flexible spending arrangement.