Bike To Work Act Offers Tax Breaks For Bike Sharing

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Originally published on People For Bikes.
By Katy Hartnett, director of government relations

Twenty-four bike sharing systems opened in the U.S. this year. Last week, Rep. Joe Crowley from New York and Rep. Erik Paulson from Minnesota introduced the Bike to Work Act, which should get even more people using these systems.

bikeshareblogThe Bike to Work Act would allow workers to use their pre-tax transit benefit for bike share. Currently the pre-tax transit benefit covers the cost of public transportation. Workplaces can support their employees by allowing them to purchase passes for buses and subways pre-tax, which saves them money and reduces the number of people commuting by car. If passed, the Bike to Work Act would allow membership and rental fees for bike sharing to be included in this benefit. (Note, this is different than the bicycle commuter benefit, which is a reimbursement of up to $20 per month for expenses incurred by bicycling to work).

“For millions of Americans, the last mile—the stretch from a transit station to a workplace—is a challenging component of their daily commute,” says PeopleForBikes president Tim Blumenthal. “The Bike to Work Act will help many of these people to take full advantage of the growing number of bike-share systems to pedal between the bus or rail stop and their place of employment. This will reduce road congestion and air pollution while also providing important health and community benefits.”

Including bike sharing expenses within the transit benefit will hopefully inspire more Americans to pair transit and bike share for their commutes to and from work and expand mobility options across the country.

Reprinted with permission.


Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Latest CleanTechnica TV Video


I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it!! So, we've decided to completely nix paywalls here at CleanTechnica. But...
 
Like other media companies, we need reader support! If you support us, please chip in a bit monthly to help our team write, edit, and publish 15 cleantech stories a day!
 
Thank you!

Advertisement
 
CleanTechnica uses affiliate links. See our policy here.

Guest Contributor

We publish a number of guest posts from experts in a large variety of fields. This is our contributor account for those special people, organizations, agencies, and companies.

Guest Contributor has 4372 posts and counting. See all posts by Guest Contributor