Summary: H.R.7057 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.7057. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (10/09/2018)

Child and Dependent Care Modernization Act of 2018

This bill amends the Internal Revenue Code, with respect to employer-provided dependent care assistance programs, to: (1) increase the amounts of dependent care assistance that employees may exclude from gross income, (2) require the increased limits to be adjusted for inflation after 2019, and (3) allow certain unused dependent care flexible spending account balances to be carried forward into the next year.