[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6122 Introduced in House (IH)]
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116th CONGRESS
2d Session
H. R. 6122
To amend the Internal Revenue Code of 1986 to allow a credit against
tax for bridge tolls.
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IN THE HOUSE OF REPRESENTATIVES
March 5, 2020
Mr. Rose of New York introduced the following bill; which was referred
to the Committee on Ways and Means
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A BILL
To amend the Internal Revenue Code of 1986 to allow a credit against
tax for bridge tolls.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Tax Relief for Bridge Tolls Act of
2020''.
SEC. 2. CREDIT FOR BRIDGE TOLLS.
(a) In General.--Subpart A of part IV of subchapter A of chapter 1
of the Internal Revenue Code of 1986 is amended by inserting after
section 25D the following new section:
``SEC. 25E. CREDIT FOR BRIDGE TOLLS.
``(a) Allowance of Credit.--In the case of an individual, there
shall be allowed as a credit against the tax imposed by this chapter an
amount equal to 50 percent of so much of the amount paid for bridge
tolls during the taxable year as exceeds $1,000 (twice such amount in
the case of a joint return).
``(b) Limitations.--
``(1) Income limit.--The credit allowed under subsection
(a) shall be reduced by $10 for each $100 by which the
taxpayer's adjusted gross income exceeds $150,000 (twice such
amount in the case of a joint return).
``(2) Toll-based limit.--No toll for a bridge the regular
peak-hour tolls for which are less than $11.00 shall be taken
into account under subsection (a).
``(c) Denial of Double Benefit.--No credit shall be allowed under
subsection (a) for any expense for which a deduction or credit is
allowed under any other provision of this chapter.''.
(b) Clerical Amendment.--The table of sections for subpart A of
part IV of subchapter A of chapter 1 of such Code is amended by
inserting after the item relating to section 25D the following new
item:
``Sec. 25E. Credit for bridge tolls.''.
(c) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2020.
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