H.R. 7562 · 116th Congress

COVID–19 Youth Sports and Healthy Working Families Relief Act

Stage
In committee
Sponsor
Max Rose
Introduced
2020-07-09
Latest action
2020-07-09 · Introduced in House

Summary

COVID-19 Youth Sports and Healthy Working Families Relief Act

This bill establishes measures to provide economic assistance to youth sports providers, programs, and organizations in response to COVID-19 (i.e., coronavirus disease 2019).

Specifically, the bill (1) requires the Small Business Administration to establish a loan program for youth sports providers affected by COVID-19, (2) expands the Child and Dependent Care Tax Credit to include expenses for youth physical activities, (3) makes certain sports and fitness expenses eligible to be paid for with Health Savings Accounts and Flexible Spending Accounts (FSAs), and (4) increases the maximum contribution per household for Dependent Care FSAs.