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HR 3633 102th Congress House Taxation Car pools Commuting Fringe benefits Income tax Mass rapid transit Tax exclusion Travel costs Van pools

Entitled the "Commuter Transit Incentive Act".

Introduced: October 24, 1991 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 24, 1991
Referred to the House Committee on Ways and Means.
Oct 24, 1991
Introduced in House
 Plain-English summary Congressional Research Service

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.

Provides that the exclusion from gross income for the working condition fringe benefit includes employer-provided parking on or near a location from which the employee commutes to work by mass transportation, by vanpool, or by carpool.

What's happening now October 24, 1991

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1