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- H.R.4699
H.R.4699: Working Parents Flexibility Act of 2016
About This Bill
- Introduced March 3, 2016
- Latest Major Action March 3, 2016
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Working Parents Flexibility Act of 2016 This bill amends the Internal Revenue Code to establish a tax-exempt parental leave savings account for the care of a child, to which an individual taxpayer who has earned income from employment during the past 12 months may make tax deductible cash contributions of up to $6,750 in a taxable year and not more than an aggregate of $24,000 for all taxable years. Taxpayers whose adjusted gross income...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 3, 2016 |
Referred to the House Committee on Ways and Means.
|
| March 3, 2016 |
Introduced in the House by John Katko (R-N.Y.) |