00 Introduced in Senate Jan 26, 2015
Dependent Care Savings Account Act of 2015 Amends the Internal Revenue Code to: (1) establish tax-exempt dependent care savings accounts to pay the employment-related expenses of caring for a dependent of the taxpayer, (2) allow a deduction from gross income (above-the-line deduction) of up to $5,000 in a taxable year for cash contributions to such accounts, (3) set forth rules for the tax treatment of account distributions and for excess contributions to an account, and (4) impose a tax on employers who fail to make comparable contributions to a dependent savings account for all participating employees.
![Rep. Vitter, David [R-LA-1]](https://www.congress.gov/img/member/v000127_200.jpg)