118th Congress Taxation
H.R. 6660: Parking Cash-Out Act of 2023
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill denies a tax exclusion for qualified parking fringe benefits unless employers providing such benefits offer their employees the option to receive, in lieu of the parking benefit, the fair market value of the parking (e.g., an equivalent cash benefit or alternative tax-exempt fringe benefit).
Written by the Congressional Research Service, Library of Congress.
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History
- Introduced in the House by Earl Blumenauer.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Ways and Means.