Summary: S.3450 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for S.3450. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (09/28/2016)

This bill amends the Internal Revenue Code to treat the charging of an electric vehicle provided on or near the business premises of the employer as a qualified transportation fringe benefit that is excluded from an employee's gross income. The bill limits the benefit to $175 per month (adjusted for inflation) and specifies requirements for the electric vehicles.