Council Resolution: Bikers Deserve Tax Break (Updated Below)
The City Council Wants to Exempt Employer Benefits to Cyclists The Bicycle Commuters Benefits Act of 2007, s. 858, seeks to change that by allowing employers to provide an extra benefit to bike commuters tax-free. Some of the things an employer could provide include: a bike, accessories and safety equipment, life and personal property insurance premiums, and locker rental.
The City Council resolution was authored by Transportation Committee Chair Wendy Greuel. No California Senator has yet sponsored S. 858.
Update, Friday at 3:45: I just spoke to the City Clerk’s office who confirmed that the motion passed the full Council by unanimous consent.
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