Supporting Transit Commutes Act

Hozzl · 2024-09-12T06:53:16Z

Explore the details of House Bill 9464 Supporting Transit Commutes Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

9/12/2024, 6:53 AM

Summary of Bill HR 9464

The "Supporting Transit Commutes Act," designated as H.R. 9464 in the 118th Congress, was introduced on September 6, 2024. The bill aims to support transit commutes and likely includes provisions to improve public transportation infrastructure or services. Specific directives and actions proposed in the bill, including any funding allocations or regulatory changes, are not provided in the context. For further details, the official text of the bill can be accessed via the PDF link: https://www.congress.gov/118/bills/hr9464/BILLS-118hr9464ih.pdf.

Congressional Summary of HR 9464

Supporting Transit Commutes Act

This bill allows employers a tax deduction for certain transportation fringe benefits (e.g., commuter and parking costs, bicycle reimbursements) paid to their employees. It also gives employers a 50% tax deduction for the amount of benefits withheld from their employees' wages.

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Current Status of Bill HR 9464

Bill HR 9464 is currently in the status of Bill Introduced since September 6, 2024. Bill HR 9464 was introduced during Congress 118 and was introduced to the House on September 6, 2024. Bill HR 9464's most recent activity was Referred to the House Committee on Ways and Means. as of September 6, 2024