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HR9464FEDERALIN_COMMITTEE

Supporting Transit Commutes Act (H.R. 9464)

Original title: Supporting Transit Commutes Act

September 6, 2024

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Where This Stands

Introduced
Committee
Floor Vote
Passed
Signed

Currently IN_COMMITTEE. The next step in the legislative lifecycle is Floor Vote.

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

The Frame

What this does

If passed, this bill would change the tax liability for employers who offer transit benefits, potentially increasing the number of companies that provide subsidized commuting options to their workers.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Employers

Employers who provide transportation fringe benefits may claim a tax deduction for those costs.

Employees

Employees receiving transportation fringe benefits may see changes in the availability or structure of these benefits offered by their employers.

What changed

Current stage: IN_COMMITTEE.

What's next

Floor Vote.

Summary

This bill would allow employers to claim a tax deduction for providing certain to their employees, such as transit passes or vanpooling services. It aims to encourage businesses to subsidize employee commuting costs by reversing current tax limitations on these benefits.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Why It Matters

If passed, this bill would change the tax liability for employers who offer transit benefits, potentially increasing the number of companies that provide subsidized commuting options to their workers.

Frequently Asked Questions

What are 'qualified transportation fringe benefits'?
These generally refer to transit passes and vanpooling services provided by an employer to an employee.
How does this change current tax law?
Currently, certain are subject to limitations on employer deductions; this bill creates an exception to allow those deductions.
Does this apply to all transit benefits?
The bill applies to benefits described in section 132(f)(1)(A) and (B) of the , up to the limitation described in section 132(f)(2)(A).

News Coverage

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Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Reversal of Tax Limitation

The bill specifically targets Section 274(l) to create an exception for transportation benefits, effectively reversing previous tax code restrictions on these deductions.

Connected Entities

personMr. MolinaroCo-sponsor of the bill.Map →
dateSeptember 6, 2024Date the bill was introduced.Map →
personMr. BlumenauerCo-sponsor of the bill.Map →
bill_numberSection 132(f)(2)(A)Section of the Internal Revenue Code being amended.Map →
bill_numberSection 132(f)(1)Section of the Internal Revenue Code being amended.Map →
personMr. AuchinclossSponsor of the bill.Map →
bill_numberSection 274(l)Section of the Internal Revenue Code being amended.Map →
bill_numberInternal Revenue Code of 1986The law being amended.Map →
personMr. McGovernCo-sponsor of the bill.Map →
bill_numberH.R. 9464The bill number introduced in the House.Map →

Analysis Score

0–100
  • Significance60
    How much this matters to a regular citizen
  • Controversy20
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz15
    Current news / social attention level

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