HR 11631 · 93th Congress · Transportation and Public Works

A bill to encourage increased use of public transit systems by amending the Internal Revenue Code of 1954 to allow a credit against individual income taxes for funds expended by a taxpayer for payment of public transit fares from his or her residence to his or her place of employment and from his or her places of employment to his or her residence.

Introduced 1973-11-28· Sponsored by Rep. Minshall, William E. [R-OH-23]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-11-28)

Plain Language Summary

[AI summary unavailable — showing source text] Public Transit Commuter's Tax Credit Act - Allows an income tax credit equal to the total of all amounts paid by the taxpayer during the taxable year for public transit transportation to and from work.…

Summarized by Claude AI · Non-partisan · For informational purposes only