On the Fringe: Benefits for Bicycle Commuters

In October, George Bush signed the Transportation Fringe Benefit to Bicycle Commuters, which allows employers to reimburse bicycle commuters up to $20 per month tax-free for eligible expenses. The act was section 211 of HR 1424 (the Wall Street bailout package) and takes effect January 1.

This is a wonderful opportunity for Yale to improve the commuter benefit program in order to better align it with University-wide sustainability initiatives. Currently, bicycle commuters do not receive the type of benefits that are extended to those who carpool or use public transportation. While the dollar amount is small, this benefit would be an added incentive to bike to work.

The Benefits Office has not decided whether or how to implement this yet so it would be good if they heard from staff. Have an opinion? Let them know (benefits.office@yale.edu)!

The full text of the relevant section of the law is cited in this article form Cycleliciou.us.

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