Bill
Bill > HR3751
US HR3751
US HR3751To amend the Internal Revenue Code of 1986 to extend the rule providing parity for exclusion from income for employer-provided mass transit and parking benefits.
summary
Introduced
12/12/2013
12/12/2013
In Committee
12/12/2013
12/12/2013
Crossed Over
Passed
Dead
01/03/2015
01/03/2015
Introduced Session
113th Congress
Bill Summary
To amend the Internal Revenue Code of 1986 to extend the rule providing parity for exclusion from income for employer-provided mass transit and parking benefits.
AI Summary
This bill proposes to extend a rule within the Internal Revenue Code of 1986 that allows employees to receive certain employer-provided benefits, specifically for mass transit and parking, without having to pay income tax on them, a concept known as exclusion from income. The bill aims to maintain the "parity," meaning equal treatment, between these two types of benefits by changing a date in the law from January 1, 2014, to January 1, 2015, effectively extending this tax-free treatment for months after December 31, 2013.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to the House Committee on Ways and Means. (on 12/12/2013)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/113th-congress/house-bill/3751/all-info |
| BillText | http://gpo.gov/fdsys/pkg/BILLS-113hr3751ih/pdf/BILLS-113hr3751ih.pdf |
| Bill | http://gpo.gov/fdsys/pkg/BILLS-113hr3751ih/pdf/BILLS-113hr3751ih.pdf.pdf |
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