S.Amdt. 4479
What it does: Adds Subtitle C--Other Relief SEC. --. INCREASED EXCLUSION AMOUNT FOR COMMUTER TRANSIT BENEFITS AND TRANSIT PASSES at the end of title II
Sen. Thomas R. Carper (D-DE)What it changes
1 change to S.Amdt. 4402 · shown in S.Amdt. 4402's text
Adds Subtitle C--Other Relief SEC. --. INCREASED EXCLUSION AMOUNT FOR COMMUTER TRANSIT BENEFITS AND TRANSIT PASSES at the end of title II
Adds a sectionIn S.Amdt. 4402 as proposed
The percentage under paragraph (2) of section 561 of the Hiring Incentives to Restore Employment Act in effect on the date of the enactment of this Act is increased by 36 percentage points.
Inserted: Subtitle C--Other Relief SEC. --. INCREASED EXCLUSION AMOUNT FOR COMMUTER TRANSIT BENEFITS AND TRANSIT PASSES.
Inserted: Paragraph (2) of section 132(f) of the Internal Revenue Code of 1986 is amended by striking "January 1, 2011" and inserting "January 1, 2012".
Original wording
At the end of title II, insert the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 4479. Mr. CARPER (for himself, Mr. Schumer, Mr. Cardin, Mr. Lieberman, and Mr. Wyden) submitted an amendment intended to be proposed to amendment SA 4402 proposed by Mr. Reid (for Mr. Baucus (for himself, Ms. Landrieu, and Mr. Reid)) to the bill H.R. 5297, to create the Small Business Lending Fund Program to direct the Secretary of the Treasury to make capital investments in eligible institutions in order to increase the availability of credit for small businesses, to amend the Internal Revenue Code of 1986 to provide tax incentives for small business job creation, and for other purposes; which was ordered to lie on the table; as follows:
At the end of title II, insert the following:
Subtitle C--Other Relief SEC. --. INCREASED EXCLUSION AMOUNT FOR COMMUTER TRANSIT BENEFITS AND TRANSIT PASSES.
Paragraph (2) of section 132(f) of the Internal Revenue Code of 1986 is amended by striking “January 1, 2011” and inserting “January 1, 2012”.
Legislative Activity
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Senate amendment submitted
July 15, 2010