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114-hr-6173114th Congress

Transit Tax Credit Act of 2016

Sponsored By: Representative Watson Coleman, Bonnie [D-NJ-12]

Unknown

Summary

Transit Tax Credit Act of 2016 This bill amends the Internal Revenue Code to allow a refundable tax credit for commuting mass transit costs. The credit is equal to 15% of the amount paid or incurred by the taxpayer during the year for a transit pass that the taxpayer, the taxpayer's spouse, or a dependent uses for travel between the residence and place of employment of the taxpayer, spouse, or dependent. The credit allowed for transit passes for any individual may not exceed $460 per year (adjusted for inflation after 2017).

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Watson Coleman, Bonnie [D-NJ-12]

NJ • D

Cosponsors

  • Rep. Beyer, Donald S. [D-VA-8]

    VA • D

    Sponsored 9/26/2016

  • Rep. Bishop, Sanford D. [D-GA-2]

    GA • D

    Sponsored 9/26/2016

  • Rep. Boyle, Brendan F. [D-PA-2]

    PA • D

    Sponsored 9/26/2016

  • Rep. Cárdenas, Tony [D-CA-29]

    CA • D

    Sponsored 9/26/2016

  • Rep. Clarke, Yvette D. [D-NY-9]

    NY • D

    Sponsored 9/26/2016

  • JOHN CONYERS

    MI • D

    Sponsored 9/26/2016

  • Rep. Fudge, Marcia L. [D-OH-11]

    OH • D

    Sponsored 9/26/2016

  • Rep. Grijalva, Raúl M. [D-AZ-7]

    AZ • D

    Sponsored 9/26/2016

  • LUIS GUTIERREZ

    IL • D

    Sponsored 9/26/2016

  • MICHAEL HONDA

    CA • D

    Sponsored 9/26/2016

  • STEVE ISRAEL

    NY • D

    Sponsored 9/26/2016

  • Rep. Jackson Lee, Sheila [D-TX-18]

    TX • D

    Sponsored 9/26/2016

  • Rep. Jeffries, Hakeem S. [D-NY-8]

    NY • D

    Sponsored 9/26/2016

  • Rep. Meeks, Gregory W. [D-NY-5]

    NY • D

    Sponsored 9/26/2016

  • Rep. Moore, Gwen [D-WI-4]

    WI • D

    Sponsored 9/26/2016

  • Rep. Nadler, Jerrold [D-NY-12]

    NY • D

    Sponsored 9/26/2016

  • Rep. Napolitano, Grace F. [D-CA-31]

    CA • D

    Sponsored 9/26/2016

  • Del. Norton, Eleanor Holmes [D-DC-At Large]

    DC • D

    Sponsored 9/26/2016

  • Del. Plaskett, Stacey E. [D-VI-At Large]

    VI • D

    Sponsored 9/26/2016

  • JOSE SERRANO

    NY • D

    Sponsored 9/26/2016

  • Rep. Tonko, Paul [D-NY-20]

    NY • D

    Sponsored 9/26/2016

  • Rep. DeSaulnier, Mark [D-CA-10]

    CA • D

    Sponsored 9/26/2016

  • Rep. McGovern, James P. [D-MA-2]

    MA • D

    Sponsored 9/27/2016

  • Rep. Clark, Katherine M. [D-MA-5]

    MA • D

    Sponsored 9/27/2016

Roll Call Votes

No roll call votes available for this bill.

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