A bill to encourage increased use of public transit systems by amending the Internal Revenue Code of 1954 to allow a credit against individual income taxes for funds expended by a taxpayer for payment of public transit fares from his or her residence to his or her place of employment and from his or her place of employment to his or her residence.
Public Transit Commuters' Tax Credit Act - Allows a credit against individual income taxes imposed under the Internal Revenue Code for funds expended by a taxpayer for payment of public transit transportation from his or her residence to his or her place of employment and from his or her place of employment to his or her residence.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line