Requires same limitation on public employee contributions to flexible spending accounts as provided by federal law adjusted for inflation.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill ensures that New Jersey public employees can contribute to flexible spending accounts (FSAs) for healthcare expenses in an amount that aligns with federal law, adjusted for inflation. Specifically, it mandates that the contribution limits for FSAs are the same as those established by the Internal Revenue Code, taking into account annual inflation adjustments. This applies to employees of the State, local governments, and school districts.
Bill text
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Document of record
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Sponsors
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2 on record
Primary sponsors
Joseph Cryan
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