Bill Detail
H.R. 9464
Congress: 118
Title
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.
Sponsor
Rep. Jake Auchincloss [D-MA-4]
Status
Referred to the House Committee on Ways and Means.
Status as of Aug 14, 9:43 PM · synced 2h ago
Introduced
2024-09-06
Data source mode: cache
Bill Engagement
Supporting Transit Commutes Act This bill allows employers a tax deduction for certain transportation fringe benefits (e.g., commuter and parking costs, bicycle reimbursements)…
Sponsor
Rep. Jake Auchincloss [D-MA-4]D
Status
Referred to the House Committee on Ways and Means.
Cosponsors
2D · 2R
Bipartisan
LDA engagement
No active filings
Introduced
2024-09-06