Introduced:
Jan 15, 2025
Policy Area:
Taxation
Congress.gov:
Bill Statistics
3
Actions
9
Cosponsors
1
Summaries
1
Subjects
1
Text Versions
Yes
Full Text
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Latest Action
Jan 15, 2025
Referred to the House Committee on Ways and Means.
Summaries (1)
Introduced in House
- Jan 15, 2025
00
<p><strong>Combating High Inflation Limiting Daycare Act of 2025 or the CHILD Act of 2025</strong></p><p>This bill increases the maximum annual amount that may be contributed to a dependent care assistance program (generally known as a dependent care flexible spending account [FSA]).</p><p>Under the bill, the maximum annual amount that may be contributed to a dependent care FSA increases from $5,000 ($2,500 for married taxpayers who file separate federal tax returns) to $10,000 ($5,000 for married taxpayers who file separate federal tax returns) and is adjusted annually for inflation.</p>
Actions (3)
Referred to the House Committee on Ways and Means.
Type: IntroReferral
| Source: House floor actions
| Code: H11100
Jan 15, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: Intro-H
Jan 15, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: 1000
Jan 15, 2025
Subjects (1)
Taxation
(Policy Area)
Cosponsors (9)
(R-NJ)
May 14, 2025
May 14, 2025
(D-MI)
Feb 12, 2025
Feb 12, 2025
(R-IA)
Jan 15, 2025
Jan 15, 2025
(D-PA)
Jan 15, 2025
Jan 15, 2025
(R-MI)
Jan 15, 2025
Jan 15, 2025
(D-RI)
Jan 15, 2025
Jan 15, 2025
(R-IA)
Jan 15, 2025
Jan 15, 2025
(D-CA)
Jan 15, 2025
Jan 15, 2025
(D-NY)
Jan 15, 2025
Jan 15, 2025
Full Bill Text
Length: 2,388 characters
Version: Introduced in House
Version Date: Jan 15, 2025
Last Updated: Nov 15, 2025 6:23 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 413 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. R. 413
To amend the Internal Revenue Code of 1986 to index dependent care
assistance programs to inflation.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
January 15, 2025
Mrs. Bice (for herself, Ms. Sanchez, Mr. Feenstra, Ms. Houlahan, Mr.
Moolenaar, Mr. Nunn of Iowa, Mr. Torres of New York, and Mr. Magaziner)
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 index dependent care
assistance programs to inflation.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
[From the U.S. Government Publishing Office]
[H.R. 413 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. R. 413
To amend the Internal Revenue Code of 1986 to index dependent care
assistance programs to inflation.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
January 15, 2025
Mrs. Bice (for herself, Ms. Sanchez, Mr. Feenstra, Ms. Houlahan, Mr.
Moolenaar, Mr. Nunn of Iowa, Mr. Torres of New York, and Mr. Magaziner)
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 index dependent care
assistance programs to inflation.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.
This Act may be cited as the ``Combating High Inflation Limiting
Daycare Act of 2025'' or the ``CHILD Act of 2025''.
SEC. 2.
PROGRAMS.
(a) In General.--
(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
``$10,000 ($5,000''.
(a)
(2)
(A) of the Internal Revenue Code
of 1986 is amended by striking ``$5,000 ($2,500'' and inserting
``$10,000 ($5,000''.
(b) Cost-of-Living Adjustment.--
Section 129 of such Code is amended
by adding at the end the following new subsection:
``
(f) Inflation Adjustment.
by adding at the end the following new subsection:
``
(f) Inflation Adjustment.--
``
(1) In general.--Each dollar amount in this section shall
be increased by an amount equal to--
``
(A) such dollar amount, multiplied by
``
(B) the cost-of-living adjustment determined
under
``
(f) Inflation Adjustment.--
``
(1) In general.--Each dollar amount in this section shall
be increased by an amount equal to--
``
(A) such dollar amount, multiplied by
``
(B) the cost-of-living adjustment determined
under
section 1
(f)
(3) for the calendar year in which
such taxable year begins, determined by substituting
`calendar year 2023' for `calendar year 2016' in
subparagraph
(A)
(ii) thereof.
(f)
(3) for the calendar year in which
such taxable year begins, determined by substituting
`calendar year 2023' for `calendar year 2016' in
subparagraph
(A)
(ii) thereof.
``
(2) Rounding.--If any increase under paragraph
(1) is not
a multiple of $50, such increase shall be rounded to the
nearest multiple of $50.''.
(c) Removing Deadwood.--
Section 129
(a)
(2) of such Code is amended
by striking subparagraph
(D) .
(a)
(2) of such Code is amended
by striking subparagraph
(D) .
(d) Effective Date.--The amendments made by this section shall
apply to calendar years beginning after December 31, 2024.
<all>