3.0.0 4371 2023-01-11T13:45:33Z 2023-01-11T13:45:33Z Senate S 2020-07-30 116 ssfi00 Finance Committee Senate Standing Referred to 2020-07-30T16:47:55Z 2020-07-30 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2020-07-30 Introduced in Senate IntroReferral 10000 9 Library of Congress S001203 Sen. Smith, Tina [D-MN] Tina Smith D MN N S001191 Sen. Sinema, Kyrsten [D-AZ] Kyrsten Sinema D AZ 2020-07-30 True V000128 Sen. Van Hollen, Chris [D-MD] Chris Van Hollen D MD 2020-08-04 False Taxation Cardiovascular and respiratory health Emergency medical services and trauma care Employee benefits and pensions Health care costs and insurance Income tax deductions Income tax exclusion Infectious and parasitic diseases National Guard and reserves Sales and excise taxes Tax administration and collection, taxpayers Taxation 00 2020-07-30 Introduced in Senate 2020-11-23T17:08:27Z 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).

]]> Fair FSAs Act of 2020 Display Title Fair FSAs Act of 2020 Short Title(s) as Introduced Fair FSAs Act of 2020 Introduced in Senate IS Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to require employers to cash out the flexible spending accounts of employees who separate from employment, and for other purposes. Introduced in Senate IS Introduced in Senate 2020-07-30T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116s4371is/xml/BILLS-116s4371is.xml 2020-07-30 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.