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KLIIN£L009 <br />Z Tha~ (a) section Z24 of the :n~ernaZ Revenue Code of Z986 <br />2 (relating to qualified transportation provided by employer) <br />3 Is amended to read tl <br />4 "IBC. Z24, gaALIFIBDTRANSPORTATZONBAIJr_,~I~IPItOVIDBDB¥ <br /> <br /> 6 "(t} GENERAL RULE,--Gross Income o~ an employee does <br /> <br />7 include the value of any qualified ~ransportationboneEit <br />$ provided by the employer. <br />9 "(b) OUALIFIED TRANS'PORTATION BENEFIT.--For purposes o~ <br />lO this section, the term 'qualiEled transportation heneELS' <br />X1 means-- <br /> <br />~2 "(1) transportation Ln a commuter hLghvay vehicle <br />Z3 ~e~veen the employee'e residence and place off employment, <br />Z4 and <br />~5 "(Z) any transit pass. <br />16 "(c) LIMITATION ON EXCLUSION FOR TRANSIT PASSES.--In the <br />17 case oE quailSled transportation beneEi~a describes <br />18 subsection (b;(2), the amount excluded~_om gross ineoee <br />19 under subsection (a) shall not exceed,rd~ier month. <br />20 "(d) ADDITIONAL REQUIREHENTS.--Eubeectlon (a) shall <br />21 apply ~o the value o[ any quailSled transportation bencElt <br />22 unless'- <br />23 (1) much'benefit la provided under a leperate <br />24 written plan o~ the employer vhtch does not dlscrLminate <br />25 in gayor o~ employees who are o~lcers, shareholderS~ or <br /> <br /> <br />