Family Savings Flexibility Act
Latest action · Jul 29, 2020 Referred to the Subcommittee on Select Revenue Measures.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 16, 2020
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Family Savings Flexibility Act
This bill (1) increases to $2,750 the maximum amount of unused benefits or contributions remaining in a health flexible or dependent care spending arrangement that may be carried over from the 2020 to the 2021 plan year, (2) increases the maximum contribution amount for health savings accounts, and (3) increases the exclusion from employee gross income of employer-paid dependent care assistance.
Cosponsors 15
Members who signed on, in the order they did. Signatures ran from Jul 16, 2020 to Nov 19, 2020, with 2 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-IA | Cynthia Axne | Original | Jul 16, 2020 |
| R-PA | Mike Kelly | Original | Jul 16, 2020 |
| R-OH | Anthony Gonzalez | Jul 29, 2020 | |
| R-PA | Brian K. Fitzpatrick | Jul 29, 2020 | |
| D-DC | Eleanor Holmes Norton | Jul 29, 2020 | |
| D-NY | Joseph D. Morelle | Jul 29, 2020 | |
| R-OK | Tom Cole | Jul 29, 2020 | |
| R-OH | Troy Balderson | Jul 29, 2020 | |
| R-PA | Scott Perry | Jul 31, 2020 | |
| R-IN | Jackie Walorski | Sep 16, 2020 | |
| D-NJ | Josh Gottheimer | Sep 22, 2020 | |
| D-ME | Chellie Pingree | Sep 29, 2020 | |
| R-WI | Bryan Steil | Oct 9, 2020 | |
| R-OH | Steve Stivers | Oct 30, 2020 | |
| R-MI | Tim Walberg | Nov 19, 2020 |
Actions 4
Everything that happened, newest first.
- Jul 29, 2020Referred to the Subcommittee on Select Revenue Measures.
- Jul 29, 2020Sponsor introductory remarks on measure. (CR H3918)
- Jul 16, 2020Introduced in House
- Jul 16, 2020Referred to the House Committee on Ways and Means.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 7008 | Family Savings Flexibility Act | Related bill | May 22, 2020 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jul 16, 2020Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.
