bikeCUNY

Public Group active 3 months ago

Advocacy: Employee Transportation Benefit

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  • #14853
    Jim Russell
    Member

    “Background

    On January 1, 2009, the qualified bicycle commuting reimbursement was added to the list of qualified transportation fringe benefits covered in section 132 (f) of the Internal Revenue Service Code.

    The Bicycle Commuter Act was in front of Congress for seven years, and finally passed as an inclusion to the larger Renewable Energy Tax Credit legislation in 2008. The original intent of the provision was to provide a simple, equitable solution to put cyclists on the same footing as people who receive qualified transportation benefits (QTF)’s for taking transit or driving (or parking, actually) their cars to and from work. It was intended that the bike commuting benefit would be treated the same as the other QTF’s. “
    From League of American Bicyclets : http://www.bikeleague.org/news/100708faq.php

    CUNY has not implemented the optional benefti. How do we effectively advolcate for it?

    #23848

    Who handles these kinds of things at CUNY? (Would that be HR?) Has anyone here ever tried contacting someone about this? Are there other universities/colleges that offer this optional benefit to their employees? Any research that states that this benefit is an improvement to commuters?

    I’d be willing to write up a proposal, if folks are really interested in having this as an option. Be aware, though, that the bicycle commuting reimbursement subsidy is mutually exclusive of any other subsidy: if you use it, you lose your public transport subsidy and any (vehicular) parking reimbursements. (See http://www.irs.gov/pub/irs-pdf/p15b.pdf, pp. 20-21.)

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