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United States · Bill · S

S. 772 (97th)

Commuter Taxpayer Assistance Act of 1981

openUnited States· United States Congress· EN

Introduced

23 March 1981

Last action

Status

Committee on Finance requested executive comment from OMB; Treasury Department; Transportation Department; Energy Department.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Commuter Taxpayer Assistance Act of 1981 - Amends the Internal Revenue Code to exclude from the gross income of an employee the value of public transit passes provided by an employer. Provides a refundable tax credit for five percent of the cost to the employer of purchasing such passes for employees.

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Documents

1 official file

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Sources

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