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United States · Bill · HR

H.R. 3403 (100th)

A bill to amend the Internal Revenue Code of 1986 to exclude from gross income the value of certain transportation furnished by an employer.

referredUnited States· United States Congress· EN

Introduced

1 October 1987

Last action

—

Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

7 February 2024

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Summary

Amends the Internal Revenue Code to permit the exclusion from an employee's gross income of the following qualified employer-provided transportation benefits: (1) the value of transportation in a commuter highway vehicle between the employee's residence and place of employment; and (2) up to $45 per month of the value of any transit pass entitling the employee to transportation on mass transit facilities.

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Documents

1 official file

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