H.R. 409 Introduced Taxation

Supporting Transit Commutes Act

To amend the Internal Revenue Code of 1986 to allow employers to deduct certain transportation fringe benefits.

  1. Introduced
  2. Committee
  3. Passed House
  4. Passed Senate
  5. To President
  6. Became law
Sponsor Rep. Auchincloss, Jake [D-MA-4] Introduced January 15, 2025 Cosponsors 8 (1 R, 7 D) Latest action January 15, 2025

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.

Summary by the Congressional Research Service, Library of Congress.

Congress.gov

Actions

  1. Jan 15, 2025 Referred to the House Committee on Ways and Means.
  2. Jan 15, 2025 Introduced in House

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