# 116-hr-7008: Family Savings Flexibility Act

116-hr-7008, Family Savings Flexibility Act, is a 116th Congress bill sponsored by Rep. Wenstrup, Brad R. [R-OH-2] (R-OH); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/116-hr-7008
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 116-hr-7008
- Congress: 116
- Title: Family Savings Flexibility Act
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2020-05-22
- Sponsor: Rep. Wenstrup, Brad R. [R-OH-2] (R-OH)
- Cosponsors: 3
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Family Savings Flexibility Act This bill (1) increases to $2,750 the maximum amount of unused benefits or contributions remaining in a health flexible or dependent care spending arrangement that may be carried over from the 2020 to the 2021 plan year, (2) increases the maximum contribution amount for health savings accounts, and (3) increases for taxable years beginning in 2020, the exclusion from employee gross income of employer-paid dependent care assistance.

## Cosponsors (3)

- Rep. Axne, Cynthia [D-IA-3] (D-IA), 2020-05-22T00:00:00.000Z
- Rep. Kelly, Mike [R-PA-16] (R-PA), 2020-05-22T00:00:00.000Z
- Rep. Gottheimer, Josh [D-NJ-5] (D-NJ), 2020-09-22T00:00:00.000Z

## Related bills

- 116-hr-8662: Accelerating Access to Critical Therapies for ALS Act
- 116-hr-7666: Family Savings Flexibility Act
- 116-hr-4305: PAWS for Veterans Therapy Act
- 116-hr-3589: Greg LeMond Congressional Gold Medal Act
- 116-hr-3495: Improve Well-Being for Veterans Act
- 116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act

## Sources
- [116-hr-7008 on Congress.gov](https://www.congress.gov/bill/116th-congress/house-bill/7008)

## Related
- [116-hr-8662: Accelerating Access to Critical Therapies for ALS Act](https://policyrisk.com/legislation/116-hr-8662)
- [116-hr-7666: Family Savings Flexibility Act](https://policyrisk.com/legislation/116-hr-7666)
- [116-hr-4305: PAWS for Veterans Therapy Act](https://policyrisk.com/legislation/116-hr-4305)
- [116-hr-3589: Greg LeMond Congressional Gold Medal Act](https://policyrisk.com/legislation/116-hr-3589)
- [116-hr-3495: Improve Well-Being for Veterans Act](https://policyrisk.com/legislation/116-hr-3495)
- [116-hr-2423: Women's Suffrage Centennial Commemorative Coin Act](https://policyrisk.com/legislation/116-hr-2423)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/116-hr-7008 (as of 2025-11-18).