Bill117th CongressFiled Jul 28, 2022Taxation
H.R. 8555
To amend the Internal Revenue Code of 1986 to stipulate that a parking benefit is not a qualified parking fringe benefit unless an employer offers employees the option to receive an equivalent cash benefit or alternative tax-exempt benefit in lieu of the parking benefit.
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jul 28, 2022)
This bill denies a tax exclusion for qualified parking fringe benefits unless employers providing such benefits offer their employees the option to receive, in lieu of the parking benefit, the fair market value of the parking (e.g., an equivalent cash benefit or alternative tax-exempt fringe benefit).
What just happenedJul 28, 2022
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Blumenauer, Earl [D-OR-3](D-OR)Sponsor
1committees3actions
- Introduced in HouseJul 28, 2022
- Jul 28, 2022IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Jul 28, 2022IntroReferralIntro-H
Introduced in House
- Jul 28, 2022IntroReferral1000
Introduced in House