Friday, March 13, 2009
H.R. 863 The Multi-Modal Commuter Transport BillAs we perused Congressman Blumenauer's website recently, we happened across his Bicycle Goals for the 111th Congress which includes a description of H.R. 863 The Multi-Modal Commuter Transport Bill:
"On February 4th, 2009, Congressman Blumenauer introduced the 'Multi Modal Commuter Transport Bill,' a bill which amends the existing Bike Commuter Tax Credit to allow employees to receive transportation fringe benefits for the same month both in the form of transit passes and reimbursements of qualified bicycle commuting expenses. This bill also makes technical corrections to the tax credit to make it more user friendly for employers and employees."
This is a much needed modification of the current Bike Commuter Tax Provision which doesn't allow commuters to combine the transit and bike benefits. Many cyclists use both modes and both should qualify as transportation fringe benefits. The proposed bill should also clarify implementation of the bike commuter benefit, which as Bike Portland has stated, is currently the source of much confusion.
Both the San Francisco Bike Coalition and The League of American bicyclists have info about the provision on their websites.