,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #dgie  ,,in ,,the ,,house ,,of  
,,representatives  ,october #bb1        
#bjai,ms4 ,slotkin 7for herself and ,mr4
 ,kelly of ,pennsylvania7 introduced the
 following bill2 which was referred to  
the ,committee on ,ways and ,means  ,a  
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to provide for employer 
contributions to ,,able accounts1 and   
for other purposes4  #a4 ,short title   
,this ,act may be cited as the ,saving  
,to ,achieve a ,better ,life ,experience
 ,act of #bjai or the ,,stable ,act4    
#b4 ,employer contributions to ,,able   
accounts  7a7 ,in general ,section #ajf 
of the ,internal ,revenue ,code of #aihf
 is amended by adding at the end the    
following new subsection3  7h7          
,contributions to ,,able accounts ,any  
amounts contributed by an employee's    
employer to any ,,able account 7as      
defined in section #ebi;,a7 designated  
by the employee1 and of which the       
employee is not a beneficiary1 shall be 

treated as employer-provided coverage   
for medical expenses under an accident  
or health plan to the extent such       
amounts do not exceed the lesser of--   
7#a7 the amount such employee           
contributed during the taxable year to  
such ,,able account 7as so defined71 or 
7#b7 an amount equal to  the amount in  
effect under section                    
#ebi;,a7b77#b77;,b77,i74  4  7b7        
,failure of employer ,to make comparable
 ,,able account contributions ,chapter  
#dc of such ,code is amended by adding  
at the end the following new section3   
#dihj;,j4 ,failure of employer to make  
comparable ,,able account contributions 
7a7 ,in general ,in the case of an      
employer who on behalf of an employee   
makes a contribution to which section   
#ajf7;h7 applies to an ,,able account   
7as defined in section #ebi;,a71 there  
is hereby imposed a tax on the failure  
of such employer to meet the            
requirements of subsection 7b7 for such 
calendar year4  7b7 ,rules and          

requirements ,rules and requirements    
similar to the rules and requirements of
 section #dihj;,e shall apply for       
purposes of this section4  7c7          
,regulations ,the ,secretary shall issue
 regulations to carry out the purposes  
of this section4  4  7c7 ,exclusion from
 employment taxes  7#a7 ,railroad       
retirement tax ,section #cbca7;e7 of    
such ,code is amended by adding at the  
end the following new paragraph3  7#ac7 
,,able ,account contributions ,the term 
compensation shall not include any      
payment made on behalf of an employee if
 at the time of such payment it is      
reasonable to believe that the employee 
will be able to exclude such payment    
from income under section #ajf7;h74  4  
7#b7 ,unemployment tax ,section         
#ccjf7;b7 of such ,code is amended by   
striking or at the end of paragraph     
7#ai71 by striking the period at the end
 of paragraph 7#bj7 and inserting 2 or1 
and by inserting after paragraph 7#bj7  
the following new paragraph3  7#ba7 any 

payment made on behalf of an employee if
 at the time of such payment it is      
reasonable to believe that the employee 
will be able to exclude such payment    
from income under section #ajf7;h74  4  
7#c7 ,withholding tax ,section #cdja7;a7
 of such ,code is amended by striking or
 at the end of paragraph 7#bb71 by      
striking the period at the end of       
paragraph 7#bc7 and inserting 2 or1 and 
by inserting after paragraph 7#bc7 the  
following new paragraph3  7#bd7 any     
payment made on behalf of an employee if
 at the time of such payment it is      
reasonable to believe that the employee 
will be able to exclude such payment    
from income under section #ajf7;h74  4  
7#d7 ,employer contributions required to
 be shown on ,w-#b ,section #fjea7;a7 of
 such ,code is amended by striking and  
at the end of paragraph 7#aa71 by       
striking the period at the end of       
paragraph 7#ab7 and inserting #8#81     
and''1 and by inserting after paragraph 
7#ab7 the following new paragraph3      

7#ac7 the amount contributed to any     
,,able account 7as defined in section   
#ebi;,a7 on behalf of such employee4  4 
7d7 ,regulations and guidance ,the      
,secretary of the ,treasury shall       
prescribe such regulations and other    
guidance as are necessary to carry out  
the purposes of the amendments made by  
this ,act1 including verification by the
 employer of amounts an employee        
contributes during the taxable year to  
an ,,able account 7as defined in section
 #ebi;,a of such ,code74  7e7 ,clerical 
amendment ,the table of sections for    
chapter #dc of such ,code is amended by 
adding at the end the following new     
item3  ,sec4 #dihj;,j4 ,failure of      
employer to make comparable ,,able      
account contributions4  4  7f7          
,effective date ,the amendments made by 
this section shall apply to taxable     
years beginning after ,december #ca1    
#bjai4