118th Congress · HOUSE BILLBILL

H.R. 3473Bicycle Commuter Act of 2023

To amend the Internal Revenue Code of 1986 to modify employer-provided fringe benefits for bicycle commuting.

Taxation
Introduced May 18, 2023
Last action May 18, 2023
Pipeline · Bill → Law
Step 1
Introduced
May 18, 2023
Step 2
Referred
May 18, 2023
Ways & Means
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill reinstates and expands the tax exclusion for employer-provided fringe benefits for bicycle commuting. It allows employees a bicycle commuting benefit equal to 30% of parking fringe benefits. The bill repeals the suspension period (2018-2025) applicable to such tax exclusion and revises definitions applicable to bicycle commuting benefits to make electric bicycles and certain scooters eligible for the tax exclusion.

Provisions · 2 sectionsIntroduced in House
Timeline · 3 actions
May 18, 2023
Introduced in House
May 18, 2023
Sponsor introductory remarks on measure.
May 18, 2023
Referred to the House Committee on Ways and Means.