Home > 107th Congressional Bills > H.R. 1053 (ih) To amend the Equal Credit Opportunity Act and the Home Mortgage Disclosure Act of 1975 to reduce the disparate impact of predatory lending on minorities, and for other purposes. [Introduced in House] ...
H.R. 1053 (ih) To amend the Equal Credit Opportunity Act and the Home Mortgage Disclosure Act of 1975 to reduce the disparate impact of predatory lending on minorities, and for other purposes. [Introduced in House] ...
108th CONGRESS
1st Session
H. R. 1052
To amend the Internal Revenue Code of 1986 to extend the transportation
fringe benefit to bicycle commuters.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
March 4, 2003
Mr. Blumenauer (for himself, Mr. Foley, Mr. Inslee, Ms. Woolsey, Mr.
Frank of Massachusetts, Mr. Honda, Mr. McDermott, Mr. Delahunt, and Mr.
Gutierrez) introduced the following bill; which was referred to the
Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to extend the transportation
fringe benefit to bicycle commuters.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. EXTENSION OF TRANSPORTATION FRINGE BENEFIT TO BICYCLE
COMMUTERS.
(a) In General.--Paragraph (1) of section 132(f) of the Internal
Revenue Code of 1986 (relating to general rule for qualified
transportation fringe) is amended by adding at the end the following:
``(D) Bicycle commuting allowance.''.
(b) Bicycle Commuting Allowance Defined.--Paragraph (5) of section
132(f) of such Code (relating to definitions) is amended by adding at
the end the following:
``(F) Bicycle commuting allowance.--The term
`bicycle commuting allowance' means an amount provided
to an employee for transportation on a bicycle if such
transportation is in connection with travel between the
employee's residence and place of employment.''.
(c) Limitation on Exclusion.--Paragraph (2) of section 132(f) of
such Code is amended by striking ``subparagraphs (A) and (B)'' and
inserting ``subparagraphs (A), (B), and (D)''.
(d) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2002.
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