EXPIRE act

The Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act legislation was a bill, introduced by Sen. Ron Wyden (D-OR) in the U.S. Senate during the 113th Congress, that would have extended 26 tax breaks due to expire at the end of that year, and more than 50 expired tax breaks, including the Health Coverage Tax Credit, deduction for expenses of elementary and secondary school teachers, mortgage debt forgiveness, mass transit parity, mortgage interest premium deduction, renewable energy protection tax credit and $4,000 tax deduction for tuition costs and more through December 31, 2015. The bill would have also changed the definition of transit to include bike-sharing, thereby making bike sharing membership fees eligible for the federal bicycle commuter benefit.

EXPIRE act

The Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act legislation was a bill, introduced by Sen. Ron Wyden (D-OR) in the U.S. Senate during the 113th Congress, that would have extended 26 tax breaks due to expire at the end of that year, and more than 50 expired tax breaks, including the Health Coverage Tax Credit, deduction for expenses of elementary and secondary school teachers, mortgage debt forgiveness, mass transit parity, mortgage interest premium deduction, renewable energy protection tax credit and $4,000 tax deduction for tuition costs and more through December 31, 2015. The bill would have also changed the definition of transit to include bike-sharing, thereby making bike sharing membership fees eligible for the federal bicycle commuter benefit.