,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #dac  ,,in ,,the ,,house ,,of   
,,representatives  ,january #ae1        
#bjbe,mrs4 ,bice 7for herself1 ,ms4     
,snchez1 ,mr4 ,feenstra1 ,ms4 ,houlahan1
 ,mr4 ,moolenaar1 ,mr4 ,nunn of ,iowa1  
,mr4 ,torres of ,new ,york1 and ,mr4    
,magaziner7 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 index dependent care 
assistance programs to inflation4  #a4  
,short title ,this ,act may be cited as 
the ,combating ,high ,inflation         
,limiting ,daycare ,act of #bjbe or the 
,,child ,act of #bjbe4  #b4 ,increased  
maximum contribution to dependent care  
assistance programs  7a7 ,in general    
,section #abi7;a77#b77;,a7 of the       
,internal ,revenue ,code of #aihf is    
amended by striking #e1jjj 7#b1ejj and  
inserting #aj1jjj 7#e1jjj4  7b7         
,cost-of-,living adjustment ,section    
#abi of such ,code is amended by adding 

at the end the following new subsection3
  7f7 ,inflation adjustment  7#a7 ,in   
general ,each dollar amount in this     
section shall be increased by an amount 
equal to-- 7,a7 such dollar amount1     
multiplied by  7,b7 the cost-of-living  
adjustment determined under section     
#a7;f77#c7 for the calendar year in     
which such taxable year begins1         
determined by substituting calendar year
 #bjbc for calendar year #bjaf in       
subparagraph 7,a77ii7 thereof4  7#b7    
,rounding ,if any increase under        
paragraph 7#a7 is not a multiple of #ej1
 such increase shall be rounded to the  
nearest multiple of #ej4  4  7c7        
,removing deadwood ,section #abi7;a77#b7
 of such ,code is amended by striking   
subparagraph 7,d74  7d7 ,effective date 
,the amendments made by this section    
shall apply to calendar years beginning 
after ,december #ca1 #bjbd4