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Wednesday, July 16, 2008

Bike Transportation Fringe Benefit Reintroduced

Rep. Blumenauer (Democrat from Oregon's 3rd.... The Bikin' 3rd!) yesterday followed through on a promised reintroduction of the bill that would allow employers to offer a tax-free subsidy for bicycle commuting. Welcome, H.R 6495.

Here's the relevant text. It looks like it would give $50 a month for an undefined 'qualified bicycle commuting month' (as opposed to the $20 that made it through the House last time round). Additionally, it also proposes to actually fund and pay out that tax-free benefit for Federal employees, lucky ducks. It would also crank up the existing mass transit benefit cap to $200.

As always, do not get your hopes up. It just hit the House floor, and if it comes out of committee(s), who knows what it might include. I did not see any paygo provisions, which will need to be tagged on there, and often act as poison pills. And finally, it needs to tickle the tastebuds of 60 Senators (why 60, not 50?). Anyway, the tracker widget on the right has been edited.

If, unlike a majority of the readers of this blog, you are represented by a fully-empowered Senator or member of Congress, please write or email yet again, voicing your support for this bill.

3 comments:

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