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- S.4371
S.4371: Fair FSAs Act of 2020
About This Bill
- Introduced July 30, 2020
- Latest Major Action July 30, 2020
Bill Sponsor
Bill Version
- Introduced in Senate - July 30, 2020
Bill Summary
Fair FSAs Act of 2020 This bill requires employers to allow employees who separate from employment to elect to receive a distribution from their health flexible spending arrangement. It also allows employees to roll over existing balances attributable to a reduction in expected elective health care expenses in the plan year due to the outbreak of COVID-19 (i.e., coronavirus disease 2019).
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 30, 2020 |
Read twice and referred to the Committee on Finance.
|
| July 30, 2020 |
Introduced in the Senate by Tina Smith (D-Minn.) |