HR 409
Supporting Transit Commutes Act
Summary
Supporting Transit Commutes Act This bill provides employers a tax deduction for certain transportation fringe benefits given to employees. Under the bill, employers may deduct costs for providing employees transportation in a commuter highway vehicle (e.g., van pool) between the employee’s home and place of work or a transit pass. The amount of the deduction cannot exceed the aggregate exclusion amount for such fringe benefits ($325 per month per employee in 2025 and adjusted annually). Further, under the bill, the deduction cannot exceed 50% of such amount for transportation fringe benefits provided under a salary reduction agreement.
Bill status
- Status
- In committee
- Sponsor
- Rep. Jake Auchincloss [D-MA-4]
- Cosponsors
- 8
- Policy area
- Taxation
- Introduced
- 2025-01-15
- Latest action
- 2025-01-15: Referred to the House Committee on Ways and Means.
Committee referrals
Recent actions
- 2025-01-15: Referred to the House Committee on Ways and Means.
- 2025-01-15: Introduced in House
- 2025-01-15: Introduced in House