Wednesday, June 29, 2011

A small stimulus package for Biking to Work - if you commute at least 3times a week

The Renewable Energy Tax legislation that passed a few months ago contained a clause designed to stimulate cycling, the Bicycle Commuter Act.

As quoted by treehugger.com, "For employees who regularly commute to work by bicycle, employers may offset the costs of bicycle purchase, improvement, repair, and storage at the rate of $20 per month."

To cash in your workplace has to have a participating benefit provider.

"Speak to your company's liaison to the benefit provider about receiving your bicycling commuter credits. Your employers may elect not to provide these benefits. It would be wise for your employers to do so. They can save about 9.5% of their FICA contributions by participating in a commuter program."


See more here.

Also, for local cycling news and discussions, we must recommend the Facebook group page begun by River City Cycling.

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