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H.R. 5905, The CARS Act of 2008
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Version saved on May 18, 2008, 19:30:46, by webmaster:
H.R. 5905 would amend the Internal Revenue Code of 1986 to provide individuals a deduction for commuting expenses.
Detailed Summary
Commuter Aid and Relief for Suburbs Act of 2008 or the CARS Act of 2008 - Amends the Internal Revenue Code to allow individual taxpayers a tax deduction for a specified percentage of the cost of commuting between their residence and place of employement.
Status of the Legislation
Latest Major Action: 4/24/2008: Referred to House committee. Status: Referred to the House Committee on Ways and Means.
Points in Favor
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Points Against
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