Search Results for keywords:"dependent care services"

Search Results: keywords:"dependent care services"

H. R. 2270 — To amend the Fair Labor Standards Act of 1938 to exclude child and dependent care services and payments from the rate used to compute overtime compensation.
March 21, 2025
Status:Introduced in House
Congress:119
Words:351
H.R. 2270 proposes changes to the Fair Labor Standards Act of 1938 to modify how overtime pay is calculated. Specifically, it seeks to exclude the value of child and dependent care services, as well as payments or reimbursements for such services, from the calculation of...
Simple Explanation
H.R. 2270 is a bill that suggests employers shouldn't count money spent on taking care of kids or dependents when they calculate extra pay for working overtime. This change is meant to be used for work weeks that start after the bill becomes official.
H. R. 6772 — To amend the Internal Revenue Code of 1986 to reduce the age for making catch-up contributions to retirement accounts to take into account time out of the workforce to provide dependent care services.
December 13, 2023
Status:Introduced in House
Congress:118
Words:877
H. R. 6772 aims to amend the Internal Revenue Code to allow individuals who have taken time away from work to provide care for dependents to make retirement account catch-up contributions at a younger age than currently allowed. The bill defines an "eligible individual" as...
Simple Explanation
H. R. 6772 is a bill that wants to let people who take time away from their jobs to care for family members save more money for when they're older and not working. It lets them start saving extra money earlier because they missed work to help take care of others.

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