Money in Your Pocket for Biking to Work: Support the Bicycle Commuter Act
As we emerge from COVID-19, we face a historic choice: retreat to single-occupancy cars to get to and from work, or embrace a new future in the open air on two wheels. The road we take rests, in part, on what sorts of commuting trips are federally incentivized through commuter tax benefits. Fringe transportation benefits allow employers to reimburse their employees’ commuting costs. Right now, federal commuter tax benefits include parking fees and transit, but not costs associated with riding a bicycle to work.
Fortunately, the Bicycle Commuter Act (H.R. 1507), introduced by Representatives Earl Blumenauer (D-OR), Vern Buchanan (R-FL) and Ayanna Pressley (D-MA), would extend the benefit to include bikes, e-bikes and bikeshare memberships, providing riders with a pre-tax benefit of up to $54/month to cover their commuting costs. Just as important, the bill would allow commuters to spend their benefit across modes, meaning they could pay for a bikeshare trip to work, and a transit trip home, or any other combination. Incentivizing commuters to start or continue riding a bike to work will give workers a needed financial break and help our national build and work past the economic uncertainty of the COVID-19 crisis.
We have a meaningful chance of passing the Bicycle Commuter Act as Congress considers new ways to lift up American workers and fund significant transportation projects as opportunities for economic stimulus. Sign now to show your support!