Summary: S.26 — 102nd Congress (1991-1992)All Information (Except Text)

There is one summary for S.26. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (01/14/1991)

Amends the Internal Revenue Code to exclude from the gross income of an individual the following qualified employer-provided transportation fringe benefits: (1) the value of transportation in a commuter highway vehicle between the employee's residence and workplace; and (2) up to $60 per month of the value of any transit pass entitling the employee to transportation on mass transit facilities.