US SB2802 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on May 8 2018 - 25% progression, died in committee
Action: 2018-05-08 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 8 2018 - 25% progression, died in committee
Action: 2018-05-08 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2018 This bill amends the Internal Revenue Code, with respect to the tax exclusion for distributions from health flexible spending arrangements provided 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 2018; and (3) allow a carryforward into the next year for unused amounts in such plans.
Title
Responsible Additions and Increases to Sustain Employee Health Benefits Act of 2018
Sponsors
Sen. Roy Blunt [R-MO] | Sen. Roger Wicker [R-MS] | Sen. Chuck Grassley [R-IA] |
History
Date | Chamber | Action |
---|---|---|
2018-05-08 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB1204 (Related) 2017-02-17 - Referred to the House Committee on Ways and Means.
HB6313 (Related) 2018-07-19 - Placed on the Union Calendar, Calendar No. 661.
HB6313 (Related) 2018-07-19 - Placed on the Union Calendar, Calendar No. 661.
Subjects
Employee benefits and pensions
Health care costs and insurance
Income tax exclusion
Inflation and prices
Taxation
Health care costs and insurance
Income tax exclusion
Inflation and prices
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/115th-congress/senate-bill/2802/all-info |
Text | https://www.congress.gov/115/bills/s2802/BILLS-115s2802is.pdf |