Bicycle Commuter Act
04-08-07 | 07:01 PM
#1
Thread Starter
Senior Member
Joined: Sep 2004
Posts: 1,045
Likes: 53
From: Ville des Lumières
Bikes: Surly SteamRoller
Bicycle Commuter Act
I received this email last week. Not sure if it's legit or not.
TAX BENEFITS FOR CYCLISTS
The Bicycle Commuter Act (HR 1498 and S 858) is before congress right now. It would provide a tax benefit to employers who offer cash reimbursements to employees who ride to work in order to help defray their commuting costs. All this requires is an amendment to the Transportation Fringe Benefit of the tax code to extend the definition of "transportation" to include bicycles. Employers are given the flexibility to set their own levels of benefit payments and the bike commuter can use those payments to pay for a bike, accessories, safety equipment, insurance, and locker or shower fees.
Here's what you do: Click https://capwiz.com/lab/home/ and input your zip code and the page generates emails to go to all your congress people. Then just sign and send!
By the way, I checked this out with my best friend from 2nd grade, who works on Capitol Hill in DC, and he tells me this is legitimate and also that the Bicycle Commuter Act could use a little boost. So let?s give it that boost! He also pointed out that we can track the status of the bill, number of cosponsors, etc, at this link: https://thomas.loc.gov/
The Bicycle Commuter Act (HR 1498 and S 858) is before congress right now. It would provide a tax benefit to employers who offer cash reimbursements to employees who ride to work in order to help defray their commuting costs. All this requires is an amendment to the Transportation Fringe Benefit of the tax code to extend the definition of "transportation" to include bicycles. Employers are given the flexibility to set their own levels of benefit payments and the bike commuter can use those payments to pay for a bike, accessories, safety equipment, insurance, and locker or shower fees.
Here's what you do: Click https://capwiz.com/lab/home/ and input your zip code and the page generates emails to go to all your congress people. Then just sign and send!
By the way, I checked this out with my best friend from 2nd grade, who works on Capitol Hill in DC, and he tells me this is legitimate and also that the Bicycle Commuter Act could use a little boost. So let?s give it that boost! He also pointed out that we can track the status of the bill, number of cosponsors, etc, at this link: https://thomas.loc.gov/
04-08-07 | 07:05 PM
#2
Isaias
Joined: Sep 2005
Posts: 5,182
Likes: 0
From: Essex, MD
Bikes: Ridley X-Fire (carbon, white)
Originally Posted by TomM
I received this email last week. Not sure if it's legit or not.
It's legit. I posted this notice on 3/22/2007 for the folks in Maryland:
https://www.bikeforums.net/showpost.p...&postcount=588
Last edited by NoRacer; 04-08-07 at 07:11 PM.
04-08-07 | 07:27 PM
#4
Demoralizer of Acrobats
Joined: Apr 2006
Posts: 48
Likes: 0
From: Oklahoma City
Bikes: Specialized Crossroads, Surly Crosscheck
Originally Posted by JohnBrooking
I'd love to hear an update, if there are any...
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Surly Cross Check Commuter
Surly Cross Check Commuter
04-08-07 | 08:03 PM
#5
tired
Joined: Apr 2006
Posts: 5,651
Likes: 2
From: Portland, OR
Bikes: Breezer Uptown 8, U frame
I just went to my congressman's web site (Earl Blumenauer). It mentions the bill, but not much else. This leads me to think that its still at the stage where you should be pestering your reps about it.
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"Real wars of words are harder to win. They require thought, insight, precision, articulation, knowledge, and experience. They require the humility to admit when you are wrong. They recognize that the dialectic is not about making us look at you, but about us all looking together for the truth."
"Real wars of words are harder to win. They require thought, insight, precision, articulation, knowledge, and experience. They require the humility to admit when you are wrong. They recognize that the dialectic is not about making us look at you, but about us all looking together for the truth."
