Extension and Modification of Qualified Transportation Fringe Benefits
Section 70112 · Sec. 70112 ·
What this chapter is about
This part strips the bicycle commuting benefit out of the tax code. It removes the provisions that named it in five places. It also moves an inflation base year back by one. The changes start with tax years after December 31, 2025.
“Section 132(f) is amended-- (1) by striking subparagraph (D) of paragraph (1),”
The section amends section 132(f) of the Internal Revenue Code of 1986 by striking subparagraph (D) of paragraph (1), striking subparagraph (C) of paragraph (2) and adjusting the punctuation of the two before it, striking the words other than a qualified bicycle commuting reimbursement in paragraph (4), striking subparagraph (F) of paragraph (5), and striking paragraph (8).
What the document actually says
“Section 132(f) is amended-- (1) by striking subparagraph (D) of paragraph (1),”
That sentence, in plain words
One subparagraph is taken out of a fringe benefit rule. Nothing is put in its place.
What this is about
Four more strikes follow in the same rule. All of them deal with a bicycle commuting benefit. What those parts said is not recorded here.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
The document says “is amended”Who acts: Secretary of the TreasuryHow: statuteSec. 70112 in the PDF
What the document says
“Clause (ii) of section 132(f)(6)(A) is amended by striking "1998" in clause (ii) and inserting "1997".”
The section strikes 1998 and inserts 1997 in clause (ii) of section 132(f)(6)(A) of the Internal Revenue Code of 1986. It also trims subsection (l) of section 274 by replacing the opening words with Benefits.--No deduction and striking paragraph (2).
What the document actually says
“Clause (ii) of section 132(f)(6)(A) is amended by striking "1998" in clause (ii) and inserting "1997".”
That sentence, in plain words
The year 1998 is taken out. The year 1997 is put in.
What this is about
That year is the base for an inflation sum. Moving it back changes the figure. A related rule elsewhere is trimmed too.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
The document says “shall apply”Who acts: Secretary of the TreasuryHow: statuteSec. 70112 in the PDF
What the document says
“The amendments made by this section shall apply to taxable years beginning after December 31, 2025.”
The section applies its amendments to taxable years beginning after December 31, 2025.
What the document actually says
“The amendments made by this section shall apply to taxable years beginning after December 31, 2025.”
That sentence, in plain words
The changes start with tax years that begin after December 31, 2025.
What this is about
Earlier tax years are not touched. The old rules still hold for them. The date is fixed in the law.
No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.
Each distinct thing the section does: strike the bicycle commuting reimbursement provisions, move the inflation base year, trim the related disallowance rule, and fix the effective date.
The individual strikes are listed together in one summary rather than recorded one by one, because they make the same removal in different places.
The section works by amending sections 132(f) and 274(l) of the Internal Revenue Code of 1986, which are not indexed here, so what the struck provisions said cannot be checked against anything on this site.
