Summary: H.R.5971 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.5971. Bill summaries are authored by CRS.

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Introduced in House (09/08/2016)

This bill amends the Internal Revenue Code to: (1) increase from $5,000 to $7,500 (adjusted for inflation after 2017) the amount of employer-provided dependent care assistance that an employee may exclude from gross income, and (2) permit unused dependent care benefits in cafeteria plans and flexible spending arrangements to be carried forward to the succeeding plan year.