,,ii  #aaith ,,congress  #b;d ,session  
,s4 #dibh  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,june #bd1     
#bjbf,mrs4 ,gillibrand 7for herself and 
,mr4 ,schumer7 introduced the following 
bill2 which was read twice and referred 
to the ,committee on ,finance  ,a ,,bill
  ,to allow for one-time distributions  
from certain transportation fringe      
benefit accounts4  #a4 ,short title     
,this ,act may be cited as the          
,,covid-#ai ,commuter ,benefits         
,distribution ,act4  #b4 ,treatment of  
certain distributions from              
transportation fringe benefit accounts  
7a7 ,in general ,in the case of any     
qualified payment from a specified      
transportation fringe benefit account-- 
7#a7 such qualified payment shall be    
includible in the gross income of the   
employee for the taxable year in which  
such qualified payment is made1 and     
7#b7 the determination of whether any   
other payment from such account is a    
qualified transportation fringe for     

purposes of section #acb of the         
,internal ,revenue ,code of #aihf shall 
be determined without regard to such    
qualified payment4  7b7 ,qualified      
payment ,for purposes of this section1  
the term qualified payment means a      
one-time payment made during the        
#f-month period beginning on the date of
 the enactment of this ,act from a      
specified transportation fringe benefit 
account to the employee for whose       
benefit such account is maintained but  
only to the extent that such payment    
does not exceed the highest balance of  
such account during the period beginning
 on ,march #ac1 #bjbj1 and ending on    
,december #ca1 #bjbc4  7c7 ,specified   
transportation fringe benefit account   
,for purposes of this section1 the term 
specified transportation fringe benefit 
account means1 with respect to any      
employee1 amounts set aside by such     
employee's employer under a compensation
 reduction agreement which-- 7#a7       
provides for payments to such employee  

of amounts which are excludible under   
section #acb of the ,internal ,revenue  
,code of #aihf as a qualified           
transportation fringe 7determined after 
the application of subsection 7a771 and 
7#b7 provides that unused amounts at the
 end of a month may be carried forward  
to the succeeding month 7subject to such
 requirements or limitations as such    
agreement1 the ,secretary of the        
,treasury1 or the ,secretary's delegate1
 may provide74