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Bill > HR384


US HR384

US HR384
Bicycle Commuter Act of 2021


summary

Introduced
01/21/2021
In Committee
01/21/2021
Crossed Over
Passed
Dead
01/03/2023

Introduced Session

117th Congress

Bill Summary

A BILL To amend the Internal Revenue Code of 1986 to modify employer-provided fringe benefits for bicycle commuting.

AI Summary

This bill, the Bicycle Commuter Act of 2021, amends the Internal Revenue Code to modify employer-provided fringe benefits for bicycle commuting. Specifically, it repeals the suspension of the exclusion for qualified bicycle commuting reimbursement, includes bikeshare and bicycle improvements, repairs, and storage as part of the commuting fringe benefit, defines "bikeshare" and "low-speed electric bicycles", modifies the definition of "qualified bicycle commuting month", limits the exclusion to an applicable monthly limitation, and removes the constructive receipt provision for qualified bicycle commuting benefits. These changes aim to incentivize and support employees who choose to commute by bicycle.

Committee Categories

Budget and Finance, Health and Social Services

Sponsors (34)

Last Action

Referred to the House Committee on Ways and Means. (on 01/21/2021)

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