Commuter Benefits Equity Act of 2007
To amend the Internal Revenue Code of 1986 to increase and equalize the exclusion from gross income for parking and transportation fringe benefits and to provide for a common cost-of-living adjustment, and for other purposes.
Other Bill Titles (2 more) 3/12/2007--Introduced.
Commuter Benefits Equity Act of 2007 - Amends the Internal Revenue Code to equalize and increase to $200, with a modified cost-of-living adjustment, the tax exclusion for both transportation and parking fringe benefits. Extends such benefits to federal employees.
See Full Bill Text
Committees
Amendments
This bill has no amendments.
Bill Status
| Introduced | ![]() | Voted on by House | ![]() | Voted on by Senate | ![]() | Considered By President | ![]() | Bill Becomes Law |
| March 12, 2007 |
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Blog Coverage
May 28, 2008 S.712/HR 1475: Equalizing the federal tax-free commuter benefit
will this be the next big boost for mass transit in the US? this probably won't immediately do mu...
Source: KCRag Forum
April 26, 2007 032707 - Legislative and Policy Update
introduced the Commuter Benefits Equity Act of 2007 (HR 1475 / S. 712). Commuters can now receive up to $110 per month in transit benefits, but the monthly parking benefit is $215. Establishing parity between commuter benefits and ...
Source: UNIVERSITY
April 15, 2007 032707 - Legislative and Policy Update
introduced the Commuter Benefits Equity Act of 2007 (HR 1475 / S. 712). Commuters can now receive up to $110 per month in transit benefits, but the monthly parking benefit is $215. Establishing parity between commuter benefits and ...
Source: UNIVERSITY








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