A bill to encourage increased use of public transit systems by amending the Internal Revenue Code of 1954 to allow a credit against individual income taxes for funds expended by a taxpayer for payment of public transit fares from his or her residence to his or her place of employment and from his or her places of employment to his or her residence.

Summary

Public Transit Commuter's Tax Credit Act - Allows an income tax credit equal to the total of all amounts paid by the taxpayer during the taxable year for public transit transportation to and from work.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 28 November 1973

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 28 November 1973

   Introduced

   Introduced in House

   Source: IntroReferral

3. 28 November 1973

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 28 November 1973

  Open at official source

Sponsors

• Rep. Minshall, William E. [R-OH-23] · R · Sponsor
• · hswm00 · Standing

Related records

• related to ← Public Transit Commuter's Tax Credit Act
• related to ← Public Transit Commuter's Tax Credit Act