S.1034 - Commuter Benefits Equity Act of 2011

A bill to amend the Internal Revenue Code of 1986 to equalize the exclusion from gross income of parking and transportation fringe benefits and to provide for a common cost-of-living adjustment, and for other purposes. view all titles (2)

All Bill Titles

  • Short: Commuter Benefits Equity Act of 2011 as introduced.
  • Official: A bill to amend the Internal Revenue Code of 1986 to equalize the exclusion from gross income of parking and transportation fringe benefits and to provide for a common cost-of-living adjustment, and for other purposes. as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
05/19/11
 
 
 
 
 
 
 

Sponsor

Senator

Charles Schumer

D-NY

View Co-Sponsors (12)

Official Summary

Commuter Benefits Equity Act of 2011 - Amends the Internal Revenue Code to equalize and increase to $230, with a cost-of-living adjustment after 2011, the tax exclusion for both transportation and parking fringe benefits. Extends such benefits to federal employees.

Organizations Supporting S.1034

  • National Treasury Employees Union
  • Active Transportation Alliance

Organizations Opposing S.1034

  • None via MapLight at this time.


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