Tax Relief for Bridge Tolls Act of 2020 This bill allows individual taxpayers an income-based tax credit for amounts paid for bridge tolls. It provides for a 50% credit for toll amounts exceeding $1,000 in a taxable year, but disqualifies a toll that is less than $11.00 in regular peak hours.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Income tax creditsRoads and highwaysState and local taxationTransportation costsUser charges and fees
Tax Relief for Bridge Tolls Act of 2020
USA116th CongressHR-6122| House
| Updated: 3/5/2020
Tax Relief for Bridge Tolls Act of 2020 This bill allows individual taxpayers an income-based tax credit for amounts paid for bridge tolls. It provides for a 50% credit for toll amounts exceeding $1,000 in a taxable year, but disqualifies a toll that is less than $11.00 in regular peak hours.