Bicycle commuter credits Sunday, May 24, 2009, 4:08 pm
TreeHugger has an article about US tax credits for people who bike commute to work.
From Congressman Earl Blumenauer's website:
For employees who regularly commute to work by bicycle, employers may offset the costs of bicycle purchase, improvement, repair, and storage at the rate of $20 per month. Based on how the employer chooses to offer the benefits, the employee may bring receipts to be reimbursed, may sign up for regular monthly payments, or devise some sort of voucher system with their employer.
Bike commuters are not allowed to receive transit or parking benefits in addition to the bike benefit.
The bike commuter benefit can be provided by employers beginning January 1, 2009.
Tags: Tax Incentives