S. 4371 · 116th Congress
Fair FSAs Act of 2020
- Stage
- In committee
- Sponsor
- Tina Smith
- Introduced
- 2020-07-30
- Latest action
- 2020-07-30 · Introduced in Senate
Summary
Fair FSAs Act of 2020
This bill requires employers to allow employees who separate from employment to elect to receive a distribution from their health flexible spending arrangement. It also allows employees to roll over existing balances attributable to a reduction in expected elective health care expenses in the plan year due to the outbreak of COVID-19 (i.e., coronavirus disease 2019).