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Small Business Dependent Care FSA Opportunity Act
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vs 10,564 other HR bills in the 118th — cohort avg 68d
Small Business Dependent Care FSA Opportunity Act This bill allows certain small employers (employers with no more than 100 employees who received $5,000 in compensation from an employer) a new three-year tax credit for the startup costs of dependent care flexible spending plans. The amount of the credit is equal to the greater of $500 or the lesser of $250 for each eligible employee, or $5,000.
Referred to the House Committee on Ways and Means.
Introduced in House
Congress.gov source codes: 1000, Intro-H
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Sources: Congress.gov