To allow for one-time distributions from certain transportation fringe benefit accounts.
Sponsor

Full profile: /officials/G000602
Source: Congress.gov · FEC
Cosponsors (3)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Committee Activity
Currently in
- House Committee on Ways and MeansReferred To · 2026-06-24
Plain-English Summary
Employees who have set aside pre-tax money in transportation benefit accounts (used for commuting costs like transit passes or parking) would be allowed to withdraw that money one time without penalty or tax consequences. This would give workers more flexibility to access funds they've already contributed to these accounts, potentially helping those facing financial hardship or changing commuting situations.
AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.
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