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Boosts for bike commuting

Posted on October 07, 2008

by Adam Stern Buried in the financial rescue bill passed by Congress last week is a provision to encourage bike commuting. The idea is to level the playing field for cyclists, who currently can't get benefits like those available for participants in car or van pools or other programs designed to reduce traffic congestion. Starting in January, employers can reimburse bike commuters up to $20/month for the purchase of a bicycle, bicycle improvements, repair, and storage, if such bicycle is regularly used for travel between the employee's residence and place of employment and have such re...

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Tags:
congress , investment
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