,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #ccig  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #bj1 #bjai ,mrs4
 ,wagn] 7= h]self1 ,mr4 ,k+ ( ,new      
,york1 ,mr4 ,/iv]s1 & ,mr4 ,rodney      
,davis ( ,ill9ois7 introduc$ ! foll[+   
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to am5d !   
,int]nal ,rev5ue ,code to increase !    
exclusion = employ]-provid$ dep5d5t c>e 
assi/ance & to all[ individuals to c>ry 
=w>d dep5d5t c>e flexible sp5d+         
arrangem5t acc\nt balances4  #a4 ,%ort  
title ,?is ,act may be cit$ z ! ,*ild & 
,dep5d5t ,c>e ,mod]nization ,act (      
#bjai4  #b4 ,increase 9 exclusion =     
employ]-provid$ dep5d5t c>e assi/ance   
7a7 ,9 g5]al ,section #abi7;a77#b7 ( !  
,int]nal ,rev5ue ,code ( #aihf is       
am5d$--  7#a7 by /rik+ %all n exce$ 9   
subp>agraph 7,a7 & all t foll[s & ins]t+
 ! foll[+3 %all n exce$--  7i7 #h1jjj   
7half su* doll> am\nt 9 ! case ( a      
sep>ate return by a m>ri$ individual7 if
 !re is #a qualify+ individual ) respect

 to ! taxpay] dur+ su* taxable ye>1 or  
7ii7 #af1jjj 7half su* doll> am\nt 9 !  
case ( su* a sep>ate return7 if !re are 
#b or m qualify+ individuals ) respect  
to ! taxpay] dur+ su* taxable ye>4  1 & 
7#b7 by add+ at ! end ! foll[+ new      
subp>agraph3  7,d7 ,qualify+ individual 
,= purposes ( ?is p>agraph1 ! t]m       
qualify+ individual has ! mean+ giv5 to 
su* t]m "u section #ba7;b77#a74  4  7b7 
,inflation adju/m5t ,section            
#abi7;a77#b7 ( su* ,code is am5d$ by    
r$esignat+ subp>agraph 7,c7 z           
subp>agraph 7,d7 & by ins]t+ aft]       
subp>agraph 7,b7 ! foll[+ new           
subp>agraph3  7,c7 ,inflation adju/m5t  
,9 ! case ( any taxable ye> beg9n+ 9 a  
cal5d> ye> aft] #bjbj1 ! doll> am\nts 9 
subp>agraph 7,a7 %all ea* be increas$ by
 an am\nt equal to--  7i7 su* doll>     
am\nt1 multipli$ by  7ii7 ! co/-(-liv+  
adju/m5t det]m9$ "u section #a7;f77#c7 =
 ! cal5d> ye> 9 :i* ! taxable ye> beg9s1
 det]m9$ by sub/itut+ cal5d> ye> #bjai =
 cal5d> ye> #bjaf 9 subp>agraph 7,a77ii7

 !re(4  ,any increase det]m9$ "u !      
prec$+ s5t5ce %all be r\nd$ to ! ne>e/  
multiple ( #ajj4  4  7c7 ,effective date
 ,! am5dm5t made by ?is section %all    
apply to taxable ye>s beg9n+ aft]       
,decemb] #ca1 #bjai4  #c4 ,c>ry=w>d =   
dep5d5t c>e flexible sp5d+ arrangem5t   
acc\nt balance  7a7 ,9 g5]al ,section   
#abe ( ! ,int]nal ,rev5ue ,code ( #aihf 
is am5d$ by r$esignat+ subsections 7k7 &
 7l7 z subsections 7l7 & 7m71           
respectively1 & by ins]t+ aft]          
subsection 7j7 ! foll[+ new subsection3 
7k7 ,c>ry=w>d ,= purposes ( ?is title1 a
 plan or o!r arrangem5t %all n fail to  
be treat$ z a cafet]ia plan or flexible 
sp5d+ arrangem5t = a plan ye> m]ely     
because su* arrangem5t provides t an    
am\nt n exce$+ ! am\nt ) respect to su* 
individual "u section #abi7;a77#b7 9    
effect = ! succe$+ plan ye> may be c>ri$
 =w>d to ! succe$+ plan ye>4  4  7b7    
,effective date ,! am5dm5ts made by ?is 
section %all apply to taxable ye>s      
beg9n+ aft] ,decemb] #ca1 #bjai4