Support Legislation to End the Penalty on Non-Profits for Offering Transportation Options

The Tax Cuts and Jobs Act signed into law last December, more commonly referred to as tax reform, made several changes to the transportation fringe benefit (IRC Sec. 132(f)). The legislation maintained the parking and transit tax benefits for individuals.  However, it also made the transportation fringe benefit more expensive for non-profits and universities that…

House Committee Passes FY 2019 Transportation Appropriations

The House Appropriations Committee cleared its FY 2019 Transportation, Housing & Urban Development funding bill. Below are some highlights of the legislation: The bill includes appropriates $542 million above the fiscal year 2018 enacted level and $11.7 billion above the President’s request. In total budgetary resources, including offsetting collections, the bill provides $87.8 billion to…