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MI SCR0032

Concurrent Resolution

Status

Introduced

9/30/2020

Primary Sponsor

Peter Lucido

Click for details

Origin

Senate

100th Legislature

AI Summary

  • Memorialize Congress to enact legislation allowing employees to disenroll from dependent care flexible spending accounts (FSAs) and withdraw unused funds.

  • Address hardship caused by COVID-19 pandemic, which forced childcare facility closures and reduced dependent care needs for many families.

  • Current federal rules require employees to forfeit unused FSA balances at year-end under the "use-or-lose" rule, even when circumstances prevent using deposited funds.

  • Allow American families to recover forfeited income to meet necessary expenses and increase spending power during economic recovery.

  • Direct transmission of resolution to the Speaker of the U.S. House of Representatives, President of the U.S. Senate, and Michigan's congressional delegation.

Legislative Description

A concurrent resolution to memorialize the Congress of the United States to enact legislation to allow employees to disenroll from dependent care flexible spending accounts and withdraw unused funds.

Last Action

Placed On Order Of Resolutions

10/6/2020

Committee Referrals

Health Policy And Human Services9/30/2020

Full Bill Text

No bill text available