H.R.2618 - Working Families Relief Act115th Congress (2017-2018) |
|Sponsor:||Rep. Kelly, Mike [R-PA-3] (Introduced 05/24/2017)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 05/24/2017 Referred to the House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed House
- Passed Senate
- To President
- Became Law
Summary: H.R.2618 — 115th Congress (2017-2018)All Information (Except Text)
Introduced in House (05/24/2017)
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 2018.
The bill also allows tax credits for: (1) small employer dependent care assistance program start-up costs, and (2) employer matching contributions for dependent care assistance programs.