Bike for cash!
3/07/2005 03:49:00 PM
(See what I'm talking about)
League of American Bicyclists: News: "Congressman Earl Blumenauer (D-OR) and Mark Foley (R-FL) have reintroduced the Bicycle Commuter Act (H.R. 807). It is anticipated that Senators Olympia Snowe (R-ME) and Ron Wyden (D-OR) will reintroduce the Senate companion measure prior to the Summit. The Bicycle Commuter Act would allow an employer to add bicycling to the definition of transportation fringe benefit in the tax code. The transportation fringe benefit was added as an incentive to get more people to use alternative modes of transportation for commuting. The goal is to reduce traffic congestion, pollution and wear and tear on the roads. Under H.R. 807, employers could offer monthly cash reimbursement of up to $100 to an employee who commutes to work by bicycle, providing a tax benefit to the employer and helping defray commuting expenses for the bicyclist."
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