H.R. 5991 · 110th Congress

Tax Relief for Transportation Workers Act of 2008

Stage
In committee
Sponsor
Ron Paul
Introduced
2008-05-07
Latest action
2008-05-07 · Introduced in House

Summary

Tax Relief for Transportation Workers Act of 2008 - Amends the Internal Revenue Code to allow: (1) individuals a refundable tax credit for the qualified expenses incurred in obtaining a transportation worker identification credential; and (2) employers a deduction equal to 40% of the aggregate qualified expenses paid or incurred in obtaining such credentials on behalf of their employees.