[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 897 Introduced in Senate (IS)]

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117th CONGRESS
  1st Session
                                 S. 897

 To amend the Internal Revenue Code of 1986 to increase the limitation 
        of the exclusion for dependent care assistance programs.


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                   IN THE SENATE OF THE UNITED STATES

                             March 23, 2021

    Ms. Ernst (for herself, Ms. Hassan, Mr. Tillis, and Ms. Sinema) 
introduced the following bill; which was read twice and referred to the 
                          Committee on Finance

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to increase the limitation 
        of the exclusion for dependent care assistance programs.

    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 Child Care for Working 
Families Act of 2021''.

SEC. 2. INCREASE IN LIMITATION OF EXCLUSION FOR DEPENDENT CARE 
              ASSISTANCE PROGRAMS.

    (a) In General.--Section 129(a)(2)(A) of the Internal Revenue Code 
of 1986 is amended by striking ``$5,000 ($2,500'' and inserting 
``$10,500 (half such dollar amount''.
    (b) Effective Date.--The amendments made by this section shall 
apply to amounts paid or incurred in calendar years beginning after the 
date of the enactment of this Act.
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