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HR 3473 118th Congress House Taxation

Bicycle Commuter Act of 2023

Introduced: May 18, 2023 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 18, 2023
Referred to the House Committee on Ways and Means.
May 18, 2023
Sponsor introductory remarks on measure. (CR E466)
May 18, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Bicycle Commuter Act of 2023

This bill reinstates and expands the tax exclusion for employer-provided fringe benefits for bicycle commuting. It allows employees a bicycle commuting benefit equal to 30% of parking fringe benefits.

The bill repeals the suspension period (2018-2025) applicable to such tax exclusion and revises definitions applicable to bicycle commuting benefits to make electric bicycles and certain scooters eligible for the tax exclusion.

What's happening now May 18, 2023

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1