[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1860 Introduced in House (IH)]
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117th CONGRESS
1st Session
H. R. 1860
To amend the Internal Revenue Code of 1986 to provide the opportunity
for responsible health savings to all American families.
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IN THE HOUSE OF REPRESENTATIVES
March 11, 2021
Mr. Stivers (for himself, Mr. Vicente Gonzalez of Texas, Mr. Kelly of
Pennsylvania, Mrs. Beatty, Mr. Allen, Mr. Cohen, Ms. Norton, Mr.
Johnson of Ohio, Mr. Rodney Davis of Illinois, Mr. Balderson, Mr.
Grothman, Mr. Fitzpatrick, Mr. Gosar, Mr. Chabot, Mr. Ruppersberger,
Mrs. Wagner, Mr. Baird, Mr. Emmer, and Ms. Meng) introduced the
following bill; which was referred to the Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to provide the opportunity
for responsible health savings to all American families.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Responsible Additions and Increases
To Sustain Employee Health Benefits Act of 2021''.
SEC. 2. EXPANDABLE HEALTH FLEXIBLE SPENDING ARRANGEMENTS.
(a) Expansion of Annual Maximum.--
(1) In general.--Paragraph (1) of section 125(i) of the
Internal Revenue Code of 1986 is amended--
(A) by striking ``$2,500'' and inserting ``$5,000,
with an additional $500 per each additional employee
dependent above two dependents'', and
(B) by inserting at the end the following: ``An
additional employee dependent may not be taken into
account under the preceding sentence for any taxable
year if such additional employee dependent has been
taken into account by another person under such
sentence for such taxable year.''.
(2) Adjustment for inflation.--Paragraph (2) of section
125(i) of the Internal Revenue Code of 1986 is amended--
(A) by striking ``December 31, 2013'' and inserting
``December 31, 2022'',
(B) by striking ``the dollar amount'' and inserting
``each of the dollar amounts'', and
(C) in subparagraph (B), by striking ``calendar
year 2012'' and inserting ``calendar year 2021''.
(b) Carryforward of Unused Benefits.--Section 125(i) of the
Internal Revenue Code of 1986 is amended by adding at the end the
following new paragraph:
``(3) Carryforward of unused benefits.--
``(A) In general.--A plan or arrangement may permit
a participant in a health flexible spending arrangement
to elect to carry forward any aggregate unused balances
in the participant's accounts under such arrangement as
of the close of any year to the succeeding year. Such
carryforward shall be treated as having occurred within
30 days of the close of the year.
``(B) Limitation.--The amount which a participant
may elect to carry forward under subparagraph (A) from
any year shall be any aggregate unused balances in the
participant's account at the close of any year.
``(C) Exclusion from gross income.--No amount shall
be included in gross income under this chapter by
reason of any carryforward under this paragraph.
``(D) Coordination limits.--The maximum amount
which may be contributed to a health flexible spending
arrangement for any year to which an unused amount is
carried under this paragraph shall not be reduced by
such unused amount.''.
(c) Conforming Amendment.--Section 125(i) of the Internal Revenue
Code of 1986 is amended by striking ``Limitation on Health Flexible
Spending Arrangements'' in the heading and inserting ``Special Rules
for Health Flexible Spending Arrangements''.
(d) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2021.
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