Effective January 1, 2009 the Economic Stabilization Act of 2008 (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
Details here: www.house.gov/apps/list/press/financialsvcs_dem/essabill.pdf section 211 (pp 205-207)