Bill Sponsor
BILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 1204
115th Congress(2017-2018)
Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2017
Introduced
Introduced
Introduced in House on Feb 17, 2017
Overview
Text
Introduced in House 
Feb 17, 2017
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Introduced in House(Feb 17, 2017)
Feb 17, 2017
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Jump To
H. R. 1204 (Introduced-in-House)


115th CONGRESS
1st Session
H. R. 1204


To amend the Internal Revenue Code of 1986 to provide the opportunity for responsible health savings to all American families.

IN THE HOUSE OF REPRESENTATIVES

February 17, 2017

Mr. Stivers (for himself, Ms. Michelle Lujan Grisham of New Mexico, Mrs. Blackburn, Ms. Pingree, Mrs. Comstock, Mr. Collins of New York, Mr. Kilmer, Mr. Pearce, Mr. Tiberi, Mr. DeFazio, Ms. Sinema, and Mrs. Bustos) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to provide the opportunity for responsible health savings to all American families.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2017”.

SEC. 2. Expandable health flexible spending arrangements.

(a) Expansion of annual maximum.—

(1) IN GENERAL.—Paragraph (1) of section 125(i) of the Internal Revenue Code of 1986 is amended—

(A) by striking “$2,500” and inserting “$5,000, with an additional $500 per each additional employee dependent above two dependents”, and

(B) by inserting at the end the following: “An additional employee dependent may not be taken into account under the preceding sentence for any taxable year if such additional employee dependent has been taken into account by another person under such sentence for such taxable year.”.

(2) ADJUSTMENT FOR INFLATION.—Paragraph (2) of section 125(i) of the Internal Revenue Code of 1986 is amended—

(A) by striking “December 31, 2013” and inserting “December 31, 2017”,

(B) by striking “the dollar amount” and inserting “each of the dollar amounts”, and

(C) in subparagraph (B), by striking “calendar year 2012” and inserting “calendar year 2016”.

(b) Carryforward of unused benefits.—Section 125(i) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraph:

“(3) CARRYFORWARD OF UNUSED BENEFITS.—

“(A) IN GENERAL.—A plan or arrangement may permit a participant in a health flexible spending arrangement to elect to carry forward any aggregate unused balances in the participant’s accounts under such arrangement as of the close of any year to the succeeding year. Such carryforward shall be treated as having occurred within 30 days of the close of the year.

“(B) LIMITATION.—The amount which a participant may elect to carry forward under subparagraph (A) from any year shall be any aggregate unused balances in the participant’s account at the close of any year.

“(C) EXCLUSION FROM GROSS INCOME.—No amount shall be included in gross income under this chapter by reason of any carryforward under this paragraph.

“(D) COORDINATION LIMITS.—The maximum amount which may be contributed to a health flexible spending arrangement for any year to which an unused amount is carried under this paragraph shall not be reduced by such unused amount.”.

(c) Conforming amendment.—Section 125(i) of the Internal Revenue Code of 1986 is amended by striking “Limitation on flexible spending arrangements” in the heading and inserting “Special rules for health flexible spending arrangements”.

(d) Effective date.—The amendments made by this section shall take effect on the date of the enactment of this Act.