Ask AI
S. 3972

COVID–19 Dependent Care Flexible Spending Arrangement Rollover Act of 2020

COVID-19 Dependent Care Flexible Spending Arrangement Rollover Act of 2020

This bill directs the Department of the Treasury to issue regulations or other guidance that permit the unused balance as of the end of plan year 2020 of any dependent care flexible spending arrangement to be rolled over to plan year 2021.

Read twice and referred to the Committee on Finance.

Sen. Klobuchar, Amy [D-MN](D-MN)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions1related bills7subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

COVID–19 Dependent Care Flexible Spending Arrangement Rollover Act of 2020 — Informed