Bill116th CongressFiled Jul 30, 2020Taxation
S. 4371
Fair FSAs Act of 2020
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jul 30, 2020)
Fair FSAs Act of 2020
This bill requires employers to allow employees who separate from employment to elect to receive a distribution from their health flexible spending arrangement. It also allows employees to roll over existing balances attributable to a reduction in expected elective health care expenses in the plan year due to the outbreak of COVID-19 (i.e., coronavirus disease 2019).
What just happenedJul 30, 2020
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Smith, Tina [D-MN](D-MN)Sponsor
2 cosponsors2 D
2cosponsors1committees2actions10subjects
- Introduced in SenateJul 30, 2020
- Jul 30, 2020IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jul 30, 2020IntroReferral10000
Introduced in Senate