[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 7035 Introduced in House (IH)]







110th CONGRESS
  2d Session
                                H. R. 7035

 To amend the Internal Revenue Code of 1986 to increase the exclusion 
            for employer-provided dependent care assistance.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 24, 2008

   Ms. Shea-Porter (for herself, Mr. Ramstad, Mr. Ruppersberger, Mr. 
Crowley, and Mr. Davis of Alabama) introduced the following bill; which 
            was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to increase the exclusion 
            for employer-provided dependent care assistance.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Improving Dependent Care Tax 
Assistance Act of 2008''.

SEC. 2. INCREASE IN EXCLUSION FOR EMPLOYER-PROVIDED DEPENDENT CARE 
              ASSISTANCE.

    (a) In General.--Subparagraph (A) of section 129(a)(2) of the 
Internal Revenue Code of 1986 (relating to dependent care assistance 
programs) is amended by striking ``$5,000 ($2,500'' and inserting 
``$7,500 ($3,750''.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after December 31, 2008.
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