US Congress House Bill 1859 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Introduced on March 25 2019 - 25% progression, died in committee
Action: 2019-03-25 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Allows tax-exempt parental leave savings accounts for the care of a child. An individual 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 to an account. The total contributions to an account for all taxable years may not exceed $24,000. Taxpayers whose adjusted gross income exceeds $250,000 in a taxable year are ineligible for such a tax deduction. The bill excludes from gross income (1) distributions from a parental leave savings account that are made not later than one year after the birth or adoption of a child of an account holder, and (2) contributions made by an employer to the parental leave savings account of an employee.

Working Parents Flexibility Act of 2019

Rep. John Katko [R-NY]

Rep. Anthony Brindisi [D-NY]

Date	Chamber	Action
2019-03-25	House	Referred to the House Committee on Ways and Means.
2019-03-25	House	Introduced in House

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/house-bill/1859/all-info
Text	https://www.congress.gov/116/bills/hr1859/BILLS-116hr1859ih.pdf