US HB1932 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on March 27 2019 - 25% progression, died in committee
Action: 2019-03-27 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 27 2019 - 25% progression, died in committee
Action: 2019-03-27 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Requires difficulty of care payments that are excluded from gross income to be treated as compensation for the purpose of determining limitations on contributions to tax-exempt retirement accounts. Difficulty of care payments are received by foster care providers as compensation for providing additional care for a foster individual. The care must be (1) required by reason of a physical, mental, or emotional handicap of the individual; and (2) provided in the home of the foster care provider.
Title
To amend the Internal Revenue Code of 1986 to treat as compensation for purposes of retirement contribution limitations any difficulty of care payments excluded from gross income.
Sponsors
Rep. Kim Schrier [D-WA] | Rep. Suzan DelBene [D-WA] | Rep. Jimmy Panetta [D-CA] | Rep. Mike Thompson [D-CA] |
Rep. Linda Sanchez [D-CA] | Rep. Judy Chu [D-CA] | Rep. Jimmy Gomez [D-CA] | Rep. Pramila Jayapal [D-WA] |
History
Date | Chamber | Action |
---|---|---|
2019-03-27 | House | Referred to the House Committee on Ways and Means. |
2019-03-27 | House | Introduced in House |
Same As/Similar To
HB1994 (Related) 2019-06-03 - Received in the Senate.
HR389 (Similar To) 2019-05-21 - Motion to reconsider laid on the table Agreed to without objection.
HR389 (Similar To) 2019-05-21 - Motion to reconsider laid on the table Agreed to without objection.
Subjects
Adoption and foster care
Disability assistance
Employee benefits and pensions
Income tax deductions
Income tax exclusion
Taxation
Disability assistance
Employee benefits and pensions
Income tax deductions
Income tax exclusion
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/house-bill/1932/all-info |
Text | https://www.congress.gov/116/bills/hr1932/BILLS-116hr1932ih.pdf |