18 October 2008

The Bicycle Commuter Act

Expect me to leave this up for a few days.

Buried in my Google Reader the other day was the news that the bailout, er, "rescue" bill actually included a great tidbit called "The Bicycle Commuter Act". According to this post on the newly minted Green, Inc. blog on the NY Times, House Resolution 1424 includes SEC. 211. TRANSPORTATION FRINGE BENEFIT TO BICYCLE COMMUTERS, and what it boils down to is this:
"Starting next year, employers who provide bike parking, bathing facilities, tune-ups, or other support for bicycle commuting, can deduct up to $20 a month per participating employee from their own taxable income."
So forgive me for getting a little excited, but this is pretty awesome, right? Like, at least they acknowledged bike commuters...I mean, it still pales in comparison to the $115 credit for using public transportation, but baby steps to progress. Have a look at the full link on Green, Inc. above to find out who you should thank.

I love this picture from the NY Times of the dude in his suit on his bike.

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