To amend the Internal Revenue Code of 1986 to equalize the exclusion from gross income of parking and transportation fringe benefits and to provide for a common cost-of-living adjustment, and for other purposes.
About This Bill
Committee
Latest Action · December 12, 2013
Referred to the House Committee on Ways and Means.
Amends the Internal Revenue Code to equalize and increase to $245, with a cost-of-living adjustment to such increased amount after 2013, the tax exclusion for both transportation and parking fringe benefits.
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