Supporting Transit Commutes Act has not moved since its introduction on Jan 15, 2025, with cosponsors from both parties
Written by the Congressional Research Service [2]. 97 words.
Supporting Transit Commutes Act This bill provides employers a tax deduction for certain transportation fringe benefits given to employees. Under the bill, employers may deduct costs for providing employees transportation in a commuter highway vehicle (e.g., van pool) between the employee’s home and place of work or a transit pass. The amount of the deduction cannot exceed the aggregate exclusion amount for such fringe benefits ($325 per month per employee in 2025 and adjusted annually). Further, under the bill, the deduction cannot exceed 50% of such amount for transportation fringe benefits provided under a salary reduction agreement.
- Committees
- House Ways and Means Committee
- Policy area
- Taxation: 20 of 6,214 bills became law, 113th–118th (0.3%)
- Sponsor
- 0 of 25 bills enacted since 2013
- Text versions
- 1: introduced in house · 226 words
- Subjects
- CommutingEmployee benefits and pensionsIncome tax deductionsTransportation costs
- Latest action
- Jan 15, 2025: Referred to the House Committee on Ways and Means.
- Records
- Congress.gov · Bill text
The bill status record lists no related bills.