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US HR6313

US HR6313
Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2018


summary

Introduced
07/06/2018
In Committee
07/11/2018
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2018 This bill amends the Internal Revenue Code to allow unused health flexible spending arrangement (FSA) account balances (or a portion of the balances) to be carried forward into the next plan year. For a year in which a balance is carried forward from the preceding year, the dollar limitation on salary reduction contributions to an FSA must be reduced by the amount by which the carried forward balance exceeds $500.

AI Summary

This bill amends the Internal Revenue Code to allow unused health flexible spending arrangement (FSA) account balances or a portion of the balances to be carried forward into the next plan year. For a year in which a balance is carried forward from the preceding year, the dollar limitation on salary reduction contributions to an FSA must be reduced by the amount by which the carried forward balance exceeds $500.

Committee Categories

Budget and Finance

Sponsors (7)

Last Action

Placed on the Union Calendar, Calendar No. 661. (on 07/19/2018)

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