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H.R. 9428 (119th Congress)Committee
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To allow for one-time distributions from certain transportation fringe benefit accounts.

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Summary

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Based on the bill's title, this legislation would permit one-time distributions from transportation fringe benefit accounts. Transportation fringe benefits typically include employer-provided transit passes, vanpool services, and parking benefits that receive tax-advantaged treatment under federal law. The bill appears to create a limited exception allowing account holders to withdraw funds on a one-time basis, though the specific conditions, eligibility, and tax treatment are not available from the title alone.

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