Summary: H.R.1720 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.1720. Bill summaries are authored by CRS.

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Introduced in House (03/26/2015)

Child and Dependent Care FSA Enhancement Act

Amends the Internal Revenue Code to increase to $7,500 the amount of employer-provided dependent care assistance that an employee may exclude from gross income. Allows an annual inflation adjustment to such increased amount after 2016.