[Bent] Transportation Fringe Benefits for Bicycle Commuters
Sfriedlander2 at aol.com
Sfriedlander2 at aol.com
Thu Oct 30 09:08:53 EDT 2008
Folks, have you seen this? I think it was one of the goodies included in the
same bill that authorized the $700 billion bail-out package.
Transportation Fringe Benefits for Bicycle Commuters
(get $ for bicycle commuting)
Effective January 1, 2009 the Economic Stabilization Act of 2008
(_www.house.gov/apps/list/press/financialsvcs_dem/press092808.shtml_
(http://click.icptrack.com/icp/relay.php?r=4425341&msgid=113659&act=3QR6&c=157409&admin=0&destinati
on=http://www.house.gov/apps/list/press/financialsvcs_dem/press092808.shtml)
) includes transportation fringe benefits for bicycle commuters of up to $20
per month to each employee who, for any qualifying month, regularly uses a
bicycle for a substantial portion of travel between home and work. Employers
still have to set up a process to administer the benefit.
In these tough economic times, this is a tremendous benefit (with little
cost to employers) and a great opportunity for businesses to promote:
- a healthier work force
- an improved image within the community
- one more way to save gas
- hiring for prospective employees
Encourage your employer to act now and participate in this program...and
pass this news on.
FAQs here: _www.bikeleague.org/news/100708faq.php_
(http://click.icptrack.com/icp/relay.php?r=4425341&msgid=113659&act=3QR6&c=157409&admin=0&destination=htt
p://www.bikeleague.org/news/100708faq.php)
Details here: _www.house.gov/apps/list/press/financialsvcs_dem/essabill.pdf_
(http://click.icptrack.com/icp/relay.php?r=4425341&msgid=113659&act=3QR6&c=1574
09&admin=0&destination=http://www.house.gov/apps/list/press/financialsvcs_dem/
essabill.pdf) section 211 (pp 205-207)
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ooter)
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