This bill was recently introduced in the Senate and sent to the Committee on Finance for review. It is currently in the early stages of the lawmaking process and is waiting for the committee to decide if it should move forward. There are no upcoming votes scheduled at this time.
Legislative Progress
Senate
House
President
Law
Unlikely to pass
Even with the Senate Majority Leader as a sponsor, small tax bills like this usually need to be part of a larger package to pass the full Congress.
Key Points
This bill would let workers take a one-time cash payment from their workplace commuter benefit accounts. These accounts usually hold pre-tax money that can only be used for things like bus passes, train tickets, or parking.
Many people stopped commuting during the pandemic and ended up with large amounts of money stuck in these accounts. Currently, that money is often lost if it is not used for travel or if the worker leaves their job.
If this becomes law, you could withdraw an amount up to the highest balance your account had between March 2020 and the end of 2023. You would have six months to request this payment after the bill passes.
The money you take out would be counted as regular income. This means you would have to pay taxes on it, unlike when you use the money for its original purpose of commuting.
Impact Analysis
Govbase has not yet run an impact analysis on this legislation.
Milestones
2 milestones2 actions
Jun 24, 2026Senate
Read twice and referred to the Committee on Finance.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Jun 24, 2026
Introduced in Senate
The bill was officially filed and given a number. It now enters the legislative queue.
Votes
No votes have been recorded for this legislation yet.
News
No related news coverage found for this legislation yet.
Related Bills
No related bills have been identified yet.
Source Information
Document Type
Congressional Bill
Official Title
COVID–19 Commuter Benefits Distribution Act
Bill NumberS 4928
Congress119th Congress
ChamberSenate
Latest ActionRead twice and referred to the Committee on Finance.
