Supporting Transit Commutes Act

Summary

Supporting Transit Commutes Act  This bill allows employers a tax deduction for certain transportation fringe benefits (e.g., commuter and parking costs, bicycle reimbursements) paid to their employees. It also gives employers a 50% tax deduction for the amount of benefits withheld from their employees' wages. 

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Timeline

1. 6 September 2024

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 6 September 2024

   Introduced

   Introduced in House

   Source: IntroReferral

3. 6 September 2024

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 6 September 2024 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 6 September 2024

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 6 September 2024

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 6 September 2024

  Open at official source

Sponsors

• Rep. Auchincloss, Jake [D-MA-4] · D · Sponsor
• Marcus Molinaro · R · Sponsor
• Earl Blumenauer · D · Sponsor
• Rep. McGovern, James P. [D-MA-2] · D · Sponsor
• Rep. Lawler, Michael [R-NY-17] · R · Cosponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.