To amend the Internal Revenue Code of 1986 to provide special disposition rules for unused benefits in flexible spending arrangements of individuals for calendar year 2020.

2/9/2022, 3:56 AM

Congressional Summary of HR 7149

This bill requires flexible spending arrangements established for 2020 to provide for the rollover of unused benefits or contributions to 2021. It also permits plan participants to modify their election amount and extends the grace period for the 2020 plan year to 12 months after the end of such plan year.

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Current Status of Bill HR 7149

Bill HR 7149 is currently in the status of Bill Introduced since June 11, 2020. Bill HR 7149 was introduced during Congress 116 and was introduced to the House on June 11, 2020. Bill HR 7149's most recent activity was Referred to the House Committee on Ways and Means. as of June 11, 2020

Bipartisan Support of Bill HR 7149

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

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Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill HR 7149

Primary Policy Focus

Taxation

Potential Impact Areas

- Employee benefits and pensions

- Health care costs and insurance

- Health care coverage and access

Alternate Title(s) of Bill HR 7149

To amend the Internal Revenue Code of 1986 to provide special disposition rules for unused benefits in flexible spending arrangements of individuals for calendar year 2020.