H. R. 1985, Family Savings for Kids and Seniors Act.

Summary: This bill increases the amount that employees may exclude from their gross income for employer-provided dependent care assistance. The bill increases the existing $5,000 limit by requiring annual adjustments that account for inflation.(Cosponsors, Bipartisan)

ANGIE CRAIG’S POSITION:  Representative Craig Cosponsored the bill on 12/19/19.

STATUS: Introduced 03/28/19 by Rep. Porter, Katie [D-CA-45].

INFORMATION RELATED TO THE BILL:

  • “As a single mom, I know firsthand that we have a childcare crisis in this country,” Porter said. “My constituents in the 45th Congressional District have asked me to help them make childcare more affordable. My bill offers families a way to keep more of what they earn to pay for the childcare and elder care that allows them to work, and the work that parents do adds to the vitality and strength of our economy. I hope my colleagues will join me in supporting America’s working families.” (Source: Rep. Porter, Press Release, 3/28/19)

ADDITIONAL DETAIL: 

Link to the text of the bill.

Link to bill information (support and opposition) on Countable (TBD).

Leave a Reply

Your email address will not be published. Required fields are marked *