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The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress, and was published on May 21, 2019.
Working Families Relief Act
This bill increases and expands tax incentives for employer-provided dependent care assistance programs.
The bill increases the limit on the amount excludible from the gross income of an employee for employer-provided dependent care assistance and requires annual inflation adjustments to such increased limit after 2020.
The bill also allows tax credits for (1) small employer dependent care assistance program start-up costs, and (2) employer matching contributions for dependent care assistance programs.