To amend the Internal Revenue Code of 1986 to allow employers a refundable credit against income tax for 50 percent of the employer's cost of providing tax-free transit passes to employees.
Creating Opportunities to Motivate Mass-transit Utilization to Encourage Ridership Act of 2008 or the Commuter Act of 2008 - Amends the Internal Revenue Code to allow employers a refundable tax credit for 50% of the cost of transit passes provided on a tax-free basis to employees.
Introduced in House
Introduced in House
Sponsor introductory remarks on measure. (CR E901-902)
Referred to the House Committee on Ways and Means.
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