Okla. Admin. Code § 260:40-26-4

Current through Vol. 42, No. 6, December 2, 2024

Section 260:40-26-4 - Amount of benefit available

The maximum amount which an employee may receive in a Plan Year in the form of Mass Transit expense reimbursement or payment under the Qualified Transportation account option shall be the maximum amount as determined on a yearly basis by the Internal Revenue Service pursuant to 26 U.S.C. Section 132(f) and 26 C.F.R. Section 1.132-9.

Okla. Admin. Code § 260:40-26-4

Adopted by Oklahoma Register, Volume 31, Issue 24, September 2, 2014, eff. 9/12/2014