,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #cijc  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,july #bc1 #bjai,ms4  
,de,lauro introduc$ ! foll[+ bill2 :i* 0
 ref]r$ to ! ,committee on ,ways &      
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to increase !     
doll> limitation on ! exclusion =       
employ]-provid$ dep5d5t c>e assi/ance4  
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,*ild ,c>e ,flex ,sp5d+ ,act ( #bjai4 
#b4 ,increase 9 doll> limitation on     
exclusion = employ]-provid$ dep5d5t c>e 
assi/ance  7a7 ,9 g5]al ,subp>agraph    
7,a7 ( section #abi7;a77#b7 ( ! ,int]nal
 ,rev5ue ,code ( #aihf is am5d$ by /rik+
 %all n exce$ & all t foll[s & ins]t+ ! 
foll[+3  %all n exce$ ! great] (-- 7i7  
#e1jjj1 or  7ii7 #aj1jjj1 r$uc$ 7b n    
bel[ z]o7 by #e c5ts = ea* doll> 7or    
fraction !re(7 by :i* ! employee's e>n$ 
income = ! taxable ye> exce$s #ej1jjj4  
,9 ! case ( a sep>ate return by a m>ri$ 
individual1 ! am\nt det]m9$ "u ! prec$+ 
s5t5ce %all be r$uc$ by "o-half4 4  7b7 

,inflation adju/m5t ,p>agraph 7#b7 (    
section #abi7;a7 ( ! ,int]nal ,rev5ue   
,code ( #aihf is am5d$ by add+ at ! end 
! foll[+ new subp>agraph3  7,d7         
,inflation adju/m5t ,9 ! case ( any     
taxable ye> beg9n+ 9 a cal5d> ye> aft]  
#bjbj1 ! #e1jjj & #aj1jjj am\nts conta9$
 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 ( #ej4  4  7c7 ,employ] safe   
h>bor = report+ ,! ,secret>y ( !        
,treasury 7or ! ,secret>y's delegate7   
%all promulgate regulations or o!r      
guidance to assi/ an employ] 9 det]m9+1 
= purposes ( section #cdja7;a77#ah7 ( ! 
,int]nal ,rev5ue ,code ( #aihf1 ! am\nt 
7if any7 9 excess ( #e1jjj :i* x is     
reasonable to believe an employee w be  

able to exclude "u section #abi ( su*   
,code4  7d7 ,effective date ,! am5dm5ts 
made by ?is section %all apply to       
taxable ye>s beg9n+ aft] ,decemb] #ca1  
#bjai4