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

Summary

Amends the Internal Revenue Code to exclude from the gross income of an individual the following qualified employer-provided transportation benefits: (1) the value of transportation in a commuter highway vehicle between the employee's residence and workplace; and (2) up to $30 per month of the value of any transit pass entitling the employee to transportation on mass transit facilities.

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

Timeline

1. 3 August 1989

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 3 August 1989

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · — · Download file

Documents

2 official files

• Introduced in Senate (text)

  Introduced in Senate · EN

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 3 August 1989

  Open at official source

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Sponsors

• Sen. Armstrong, William L. [R-CO] · R · Sponsor
• Sen. Moynihan, Daniel Patrick [D-NY] · D · Sponsor
• Sen. D'Amato, Alfonse [R-NY] · R · Sponsor
• Sen. Chafee, John H. [R-RI] · R · Sponsor
• Sen. Warner, John [R-VA] · R · Sponsor
• Sen. Cranston, Alan [D-CA] · D · Sponsor
• Sen. Wilson, Pete [R-CA] · R · Sponsor
• Sen. DeConcini, Dennis [D-AZ] · D · Sponsor
• Sen. Gorton, Slade [R-WA] · R · Sponsor
• Sen. Lautenberg, Frank R. [D-NJ] · D · Sponsor
• Sen. Hatch, Orrin G. [R-UT] · R · Sponsor
• Sen. Adams, Brock [D-WA] · D · Sponsor
• Sen. Kasten, Robert W., Jr. [R-WI] · R · Sponsor
• · ssfi00 · Standing

Related records

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