US SB2879 | 2015-2016 | 114th Congress
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on April 28 2016 - 25% progression, died in committee
Action: 2016-04-28 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 28 2016 - 25% progression, died in committee
Action: 2016-04-28 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Working Families Relief Act This bill amends the Internal Revenue Code to increase and expand tax incentives for employer-provided dependent care assistance. The bill increases the limit on the amount excludible from the gross income of an employee for employer-provided dependent care assistance and requires annual inflation adjustments to such increased limit after 2017. The bill also establishes tax credits for: (1) small employer dependent care assistance program start-up costs, and (2) employer matching contributions for dependent care assistance programs.
Title
Working Families Relief Act
Sponsors
Sen. Kelly Ayotte [R-NH] | Sen. Shelley Capito [R-WV] |
History
Date | Chamber | Action |
---|---|---|
2016-04-28 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB4867 (Same As) 2016-03-23 - Referred to the House Committee on Ways and Means.
Subjects
Child care and development
Disability and paralysis
Employee benefits and pensions
Income tax credits
Income tax exclusion
Inflation and prices
Taxation
Disability and paralysis
Employee benefits and pensions
Income tax credits
Income tax exclusion
Inflation and prices
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/senate-bill/2879/all-info |
Text | https://www.congress.gov/114/bills/s2879/BILLS-114s2879is.pdf |