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S. 1792

Commuter Benefits Equity Act of 2015

Commuter Benefits Equity Act of 2015

Amends the Internal Revenue Code to equalize and increase to $250, with a cost-of-living adjustment after 2015, the tax exclusion for both transportation and parking fringe benefits.

Authorizes agencies to establish a program involving such benefits in lieu of transit passes to encourage commuting by federal employees by means other than single-occupancy motor vehicles.

Read twice and referred to the Committee on Finance.

Sen. Schumer, Charles E. [D-NY](D-NY)Sponsor
11 cosponsors11 D
11cosponsors1committees2actions5subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

Commuter Benefits Equity Act of 2015 — Informed