[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 409 Introduced in House (IH)]
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119th CONGRESS
1st Session
H. R. 409
To amend the Internal Revenue Code of 1986 to allow employers to deduct
certain transportation fringe benefits.
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IN THE HOUSE OF REPRESENTATIVES
January 15, 2025
Mr. Auchincloss (for himself, Mr. Lawler, and Mr. McGovern) 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 employers to deduct
certain transportation fringe benefits.
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 ``Supporting Transit Commutes Act''.
SEC. 2. DEDUCTION ALLOWED FOR CERTAIN TRANSPORTATION FRINGE BENEFITS
PROVIDED BY EMPLOYERS.
(a) In General.--Section 274(l) of the Internal Revenue Code of
1986 is amended by redesignating paragraph (2) as paragraph (3) and
inserting after paragraph (1) the following new paragraph:
``(2) Exception for certain transportation fringe
benefits.--
``(A) In general.--Paragraph (1) shall not apply to
so much of any qualified transportation fringe
described in subparagraph (A) or (B) of section
132(f)(1) as does not exceed the limitation described
in section 132(f)(2)(A).
``(B) Reduced deduction in case of benefits
provided under salary reduction agreements.--In the
case of any qualified transportation fringe with
respect to which the employee may elect between
receiving such fringe and receiving an amount directly
in cash, subparagraph (A) shall be applied by
substituting `50 percent of so much' for `so much'.''.
(b) Conforming Amendment.--Section 274(l)(3) of such Code, as
redesignated by subsection (a), is amended--
(1) by striking ``this subsection'' and inserting
``paragraph (1)'', and
(2) by inserting ``for qualified bicycle commuting
reimbursement'' after ``Exception'' in the heading thereof.
(c) Effective Date.--The amendments made by this section shall
apply to amounts paid or incurred after the date of the enactment of
this Act, in taxable years ending after such date.
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