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Committee moves HF4321 to align dependent‑care FSAs with new federal limit
Summary
Representative Lascar presented HF4321 to conform Minnesota law to the federal increase in the dependent‑care flexible spending account limit to $7,500. Joanna Behrs of the Department of Revenue voiced administration support. The committee moved the bill forward for possible inclusion in the tax omnibus.
Representative Lascar told the committee HF4321 updates the state code to conform to the federal increase in the maximum dependent‑care flexible spending account (FSA) allocation from $5,000 to $7,500. "This bill allows employees to allocate up to $7,500 to an employer‑sponsored dependent‑care FSA," the author said.
Joanna Behrs, legislative director at the Department of Revenue, said the administration supports the change and that it was included in the governor’s supplemental budget as part of a general conformity update.
Committee members had no substantive opposition on the record and the bill was moved for further consideration in the tax process.
