Directs certain employers to establish a dependent care flexible benefits program.
The bill mandates that certain employers establish a dependent care flexible benefits program. This program allows a portion of employees' compensations to be deposited directly into dependent care flexible spending accounts. Employers must prioritize program dissemination and document communication in at least three different modes. The program administrator is responsible for maintaining and managing these accounts. The bill defines "employer" and "program administrator" and specifies that the act takes effect immediately.
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