CHILD Act of 2025
119-HR-413119th CongressIntroduced Jan 15, 2025Taxation
Market Probability
No market
Status
Introduced
Committee
Floor Vote
Other Chamber
Signed
Referred to the House Committee on Ways and Means.
Sponsor
Rep. Bice, Stephanie I. [R-OK-5](R-OK-5)9 cosponsors
Summary
Combating High Inflation Limiting Daycare Act of 2025 or the CHILD Act of 2025
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]).
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.
Actions (3)
Referred to the House Committee on Ways and Means.
Jan 15, 2025House floor actions
Introduced in House
Jan 15, 2025Library of Congress
Introduced in House
Jan 15, 2025Library of Congress