HR. 409In Committee
Supporting Transit Commutes Act
Allows employers to deduct certain employee transit and vanpool fringe benefit costs, including limited benefits offered through salary reduction agreements
Plain-English overview
What this bill does
Allows employers to deduct certain employee transit and vanpool fringe benefit costs, including limited benefits offered through salary reduction agreements
Key points
- Limit deductible fringe benefit amounts
- Allow employer tax deductions
Current status
Where it stands
Status
In Committee
Latest action
2025-01-15 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedCommutingEmployee benefits and pensionsIncome tax deductionsTaxationTransportation costs