A bill to amend the Internal Revenue Code of 1954 to exclude from gross income certain amounts received in connection with the provision of alternative commuter transportation, and for other purposes.

Amends the Internal Revenue Code to exclude from the gross income of an employee amounts paid or reimbursed by the employer for the cost of commuting to and from work on public transportation. Excludes, in addition, any services provided, or amounts contributed, by an employer in connection with a ride-sharing program that assists employees in locating and starting car pools.

Excludes from gross income any compensation received by a driver in a car pool from other individuals in such car pool.