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.

Bill: 113-hr-3751
Sponsor: full_name: Del. Norton, Eleanor Holmes [D-DC-At Large]
Introduced: 2013-12-12
Policy area: Taxation
Subjects: Commuting

Employee benefits and pensions

Income tax exclusion

Public transit

Transportation costs
Latest action: action_date: 2013-12-12
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2013-12-12
action_desc: Introduced in House
text: <p>Amends the Internal Revenue Code to extend through 2014 the equalization of the exclusion from gross income for employer-provided mass transit and parking benefits. </p>

tv_txt: I 113th CONGRESS 1st Session H. R. 3751 IN THE HOUSE OF REPRESENTATIVES December 12, 2013 Ms. Norton introduced the following bill; which was referred to the Committee on Ways and Means A BILL 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.

1. Extension of parity for exclusion from income for employer-provided mass transit and parking benefits (a) In general Paragraph (2) of section 132(f) of the Internal Revenue Code of 1986 is amended by striking January 1, 2014 and inserting January 1, 2015 . (b) Effective date The amendment made by this section shall apply to months after December 31, 2013.