H.CON.RES. 176 - To amend the Internal Revenue Code of 1986 to allow amounts elected for reimbursement of medical care expenses under a health flexible spending arrangement that are unused during a plan year to be carried over for such use for subsequent plan years
Posted by
on
November 4, 2003
|
comments
H.R.176
Title:To amend the Internal Revenue Code of 1986 to allow amounts elected for reimbursement of medical care expenses under a health flexible spending arrangement that are unused during a plan year to be carried over for such use for subsequent plan years.
Sponsor: Rep Royce, Edward R. [CA-40] (introduced 1/7/2003) Cosponsors: 11
Committees: House Ways and Means
Latest Major Action: 1/7/2003 Referred to House committee. Status: Referred to the House Committee on Ways and Means.
Burgess voted YES
--------------------------------------------------------------------------------
SUMMARY AS OF:
1/7/2003--Introduced.
Amends the Internal Revenue Code to allow the limited (up to $2,000 annually) carryover of unused benefits from health flexible spending arrangements to subsequent taxable years to be used for the reimbursement of future medical expenses.