Reps. Grimm, McGovern, King, Blumenauer Introduce Transit Parity Act to Protect Tax Benefits for Public Transportation Commuters
Today, Rep. Michael G. Grimm (R-NY) was joined by Reps. James P. McGovern (D-MA), Peter T. King (R-NY), and Earl Blumenauer (D-OR) in introducing the Transit Parity Act. The bipartisan bill will maintain tax credit parity for drivers and public transportation commuters. Without the fix, commuters taking public transportation will see their tax benefit cut almost in half to $125, while…