Ask AI
Bill113th CongressFiled May 15, 2013Taxation
S. 966

Medical FSA Improvement Act of 2013

Bill journey · stage 2 of 5

Under committee review

Filed
Comm.
Floor
Both
Law

What it doesSummary introduced in senate (May 15, 2013)

Medical FSA Improvement Act of 2013 - Amends the Internal Revenue Code to allow amounts in a flexible spending arrangement (FSA) that are not spent for medical care to be distributed to the FSA participant as taxable income after the close of a plan year (currently, such unspent amounts are forfeited). Includes such FSAs in the definition of tax-exempt cafeteria plans.

What just happenedMay 15, 2013

Read twice and referred to the Committee on Finance.

Who’s behind it

Sen. Cardin, Benjamin L. [D-MD](D-MD)Sponsor
3 cosponsors2 D1 R
Read on Congress.gov
3cosponsors1committees3actions1related bills3subjects
  • Introduced in SenateMay 15, 2013
  1. May 15, 2013IntroReferral

    Read twice and referred to the Committee on Finance.

  2. May 15, 2013IntroReferralB00100

    Sponsor introductory remarks on measure. (CR S3533-3534)

  3. May 15, 2013IntroReferral10000

    Introduced in Senate

Medical FSA Improvement Act of 2013 — Informed