House Bill 1860
117th Congress(2021-2022)
Responsible Additions and Increases To Sustain Employee Health Benefits Act of 2021
Introduced
Introduced in House on Mar 11, 2021
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1860
Congress
117
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
No House votes have been held for this bill.
Summary
Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2021
This bill modifies the tax exclusion for distributions from health flexible spending arrangements provided to employees under a cafeteria plan to (1) increase the annual limit on employee salary reduction contributions to $5,000, with an additional $500 for each additional employee dependent above two dependents that has not been taken into account by another person for the year; (2) revise the adjustment for inflation after 2021; and (3) allow a carryforward into the next year for unused amounts in such plans.
March 11, 2021
03/11/2021
Referred to the House Committee on Ways and Means.
03/11/2021
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:48:17 PM