S.2304: A bill to amend the Internal Revenue Code of 1986 to allow the carryover of unused nontaxable benefits under cafeteria plans, flexible spending arrangements, and health flexible spending accounts.

Amends provisions of the Internal Revenue Code concerning cafeteria plans to state that a plan or arrangement shall not fail to be treated as a cafeteria plan or flexible spending or similar arrangement and no amount shall be required to be included in gross solely because under such plan or arrangement any nontaxable benefit which is unused during the taxable year may be carried forward, subject to limitation.

(Source: Library of Congress)