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Yes my employer is going to do it too.
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02-28-2009, 04:10 AM #1
Considering it all joy
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- Jul 2007
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- Bothell area, WA
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- 564
Information on the Bailout Bonus for Cycle Commuters
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I'm sure this has been mentioned here before, but I wanted to provide details that seemed to be lacking. With one of the economic bailouts, cycle commuters are eligible to receive $20 a month for bike maintenance and so forth from their employers; the employers benefit by having this be a tax write-off. The League of American cyclists has a helpful explanation.
For Massachusetts bike commuters, check the MassBike web site. A guy who's an "employee benefits professional" has volunteered to help explain stuff and help you get your work on board.
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02-28-2009, 06:27 AM #2
I LIKE BIKES
- Join Date
- Sep 2008
- Location
- Beautiful NW or Left Coast
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I like Bikes - Mimi
Watercolor Blog
Davidson Custom Bike - Cavaletta
Dahon 2009 Sport - Luna
Old Raleigh Mixte - Mitzi
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03-22-2009, 09:37 PM #3
Registered User
- Join Date
- Jul 2008
- Location
- Texas
- Posts
- 291
WOW this is awesome. I'm concerned though. It seems that you cannot get the benefit if you are provided with a car parking place at work. Hrm.
Any ideas?
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03-23-2009, 02:10 AM #4
LCI # 1853-M
- Join Date
- Sep 2006
- Location
- Toltec, Arkansaw
- Posts
- 512
That's correct... the way the benefit was passed as part of the recovery bill, you can only claim one of the various benefits, for parking, for public transit ($120), or for bicycling ($20).
The week before last, Representative Blumenauer filed the Intermodal Commuter Benefit Act (HR 863) that would allow you to claim more than one of the benefits, sort of a clean-up bill for the recovery act.
Tom
