A Democratic bill with 1 Democratic cosponsor · See the cosponsor
Last activity — Read twice and referred to the Committee on Finance.
In committee
Introduced and handed to a committee in the chamber it started in.
The committee holds it, and most bills are never heard from again. A hearing or a committee vote would be news; silence is the usual outcome, and it kills the bill without anyone voting against it.
Its path through Congress
- Introduced
- In Committee
What this bill would do
This bill, known as the "COVID-19 Commuter Benefits Distribution Act," aims to allow for one-time distributions from certain transportation fringe benefit accounts. It specifies that these payments are made to the employee for whose benefit the account is maintained. The payment must be made during a 6-month period starting from the date the Act is enacted. There is a limit on the payment amount based on the highest balance held in the account between March 13, 2020, and December 31, 2023. Finally, these payments will be included in the employee's gross income for that taxable year.
Yes
- Scored +3
Would households on low incomes be better off under this?
The bill provides access to accumulated funds in transportation fringe benefit accounts for employees.
- Scored +3
Would middle-income households be better off under this?
The bill allows employees to receive one-time payments from their transportation benefit accounts.
- Scored +2
Would high-income households be better off under this?
The bill permits the distribution of specific employer-set-aside funds to employees.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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One-time payments from accounts: Employees can receive a one-time payment from their specified transportation fringe benefit accounts (Section 2(b)).
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Access to accumulated funds: The bill allows employees to access amounts that were set aside by employers under compensation reduction agreements (Section 2(c)).
Potential Negative Impacts for People
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Tax liability: Any qualified payment made from these accounts will be included in the employee's gross income for the taxable year in which the payment is made (Section 2(a)(1)).
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Payment limitations: The amount of the qualified payment cannot exceed the highest balance held in the account during the period starting March 13, 2020, and ending December 31, 2023 (Section 2(b)).
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Tap or hover a score for the reason it gave.
- Demographic And Interest Groups
- Would households on low incomes be better off under this? — The bill provides access to accumulated funds in transportation fringe benefit accounts for employees. Would middle-income households be better off under this? — The bill allows employees to receive one-time payments from their transportation benefit accounts. Would high-income households be better off under this? — The bill permits the distribution of specific employer-set-aside funds to employees.
- 6/24/2026
- Read twice and referred to the Committee on Finance.
- 1 Cosponsor added.
- Introduced in Senate
5 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Charles SchumerDemocrat · New York