I 111th CONGRESS 1st Session H. R. 863 IN THE HOUSE OF REPRESENTATIVES February 4, 2009 Mr. Blumenauer (for himself and Mr. McGovern) 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 allow employees to receive transportation fringe benefits for the same month both in the form of transit passes and reimbursement of bicycle commuting expenses.

1.

Employees may receive transit passes and reimbursement of bicycle commuting expenses as excludable fringe benefits for the same month

(a)

In general

Subclause (II) of section 132(f)(5)(F)(iii) of the Internal Revenue Code of 1986 (defining qualified bicycling month) is amended by striking , (B),. (b)

Limitation

Subparagraph (A) of section 132(f)(2) of such Code (relating to limitation on exclusions) is amended by striking and (B) and inserting , (B), and (D). (c)

Repeal of constructive receipt treatment of bicycle commuting reimbursements

Paragraph (4) of section 132(f) of such Code is amended by striking (other than a qualified bicycle commuting reimbursement). (d)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2008.