H.R. 3739 · 113th Congress

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.

Stage
In committee
Introduced
2013-12-12
Latest action
2013-12-12 · Introduced in House

Summary

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.