S. 1882 — Introduced in Senate

II 113th CONGRESS 1st Session S. 1882 IN THE SENATE OF THE UNITED STATES December 20, 2013Mr. Schumer introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to extend parity for exclusion from income for employer-provided mass transit and parking benefits. 1. Extension of parity for exclusion from income for employer-provided mass transit and parking benefits (a) In general Paragraph (2) of section 132(f) of the Internal Revenue Code of 1986 is amended by striking January 1, 2014 and inserting January 1, 2015. (b) Effective date The amendment made by this section shall apply to months after December 31, 2013.