Last week we mentioned the Bicycle Commuter Act (H.R.807, S.2635). It's before the U.S. congress right now. Here's how it'll work if passed into law: The bill provides a tax benefit to employers who offer cash reimbursements to employees to defray costs of riding to work. All it requires is an amendment to the Transportation Fringe Benefit of the tax code to extend the definition of "transportation" to include bicycles. Employers are given the flexibility to set their level of benefit payments, and the bike commuter can use the money to pay for a bicycle, accessories, safety equipment, insurance, and locker or shower fees. If you like this concept, click http://capwiz.com/lab/issues/alert/?alertid=8647031. Then put in your zip code and the page will generate e-mails to all your congress people. Just sign and click send. We did.
Thursday, March 22, 2007
The Bicycle Commuter Act (H.R.807, S.2635)
As quoted from the RBR Weekly newsletter:
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