Starting yesterday (Jan 1, 2009), employers can offer up to $20/month for "the purchase of a bicycle and any bicycle improvements, repairs, or storage costs." My employer offers public transportation fringe benefits that amount to more than the $20/monts, so I am hoping they will start to include this. I emailed my HR dept to try to get this added. Here is a link to Oregon Congressman Blumenauer's web site. He is a member of the Congressional Bike Caucus.
http://blumenauer.house.gov/index.ph...817&Itemid=167