Improving Child Care for Working Families Act of 2021

H.R. 2121 · 117th Congress · Mar 23, 2021 · Lineage

A BILL

To amend the Internal Revenue Code of 1986 to increase the limitation of the exclusion for dependent care assistance programs.

Section 1 Short title

This Act may be cited as the “Improving Child Care for Working Families Act of 2021”.

Sec. 2 Increase in limitation of exclusion for dependent care assistance programs

(a)

In general— Section 129(a)(2)(A) of the Internal Revenue Code of 1986 is amended by striking “$5,000 ($2,500” and inserting “$10,500 (half such dollar amount”.

(b)

Effective date— The amendments made by this section shall apply to amounts paid or incurred in calendar years beginning after the date of the enactment of this Act.

Lineage

Mar 23, 2021viewing Introduced in House Mrs. Axne (for herself, Mr. Fitzpatrick, Mrs. Hinson, Ms. Jacobs of California, Ms. Wild, Mr. Sires, Mr. Tonko, Mr. Harder of California, Mr. Cohen, Mr. Carbajal, and Mr. Lynch) introduced the following bill; which was referred to the Committee on Ways and Means

Improving Child Care for Working Families Act of 2021

Section 1 Short title

Sec. 2 Increase in limitation of exclusion for dependent care assistance programs

Cite this provision

Incoming references