US HB990 | 2015-2016 | 114th Congress
Status
Spectrum: Moderate Partisan Bill (Democrat 34-11)
Status: Introduced on February 13 2015 - 25% progression, died in committee
Action: 2015-02-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 13 2015 - 25% progression, died in committee
Action: 2015-02-13 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Commuter Parity Act of 2015 Amends the Internal Revenue Code to modify the exclusion from gross income, for income tax purposes, of certain transportation benefits provided by an employer to an employee, including cash reimbursements for such benefits, to allow a monthly exclusion amount of: (1) $235 for transportation in a commuter highway vehicle from home to work and any transit pass, (2) $235 for qualified parking, and (3) $35 for qualified bicycle commuting reimbursement. Allows an annual cost-of-living adjustment to such exclusion amounts after 2016.
Title
Commuter Parity Act of 2015
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2015-02-13 | House | Referred to the House Committee on Ways and Means. |
| 2015-02-13 | House | Introduced in House |
Subjects
Commuting
Employee benefits and pensions
Income tax exclusion
Inflation and prices
Pedestrians and bicycling
Public transit
Taxation
Transportation costs
Employee benefits and pensions
Income tax exclusion
Inflation and prices
Pedestrians and bicycling
Public transit
Taxation
Transportation costs
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/990/all-info |
| Text | https://www.congress.gov/114/bills/hr990/BILLS-114hr990ih.pdf |
