Summary: H.R.7436 — 116th Congress (2019-2020)All Information (Except Text)

There is one summary for H.R.7436. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/30/2020)

Working Families Childcare Access (WFCA) Act

This bill increases to $15,000 the maximum amount of dependent care assistance that may be excluded from the gross income of an employee receiving such assistance. It also permits a carryforward to a succeeding year of unused balances in a dependent care assistance flexible spending arrangement.