Skip to Content
Streetsblog New York City home
Log In
Bicycling

Bailout Bill Includes Bike Commuting Benefit

1:19 PM EDT on October 2, 2008

Remember Oregon Congressman Earl Blumenauer's long-sought $20 per month tax credit for bike commuters, intended to extend a benefit to cyclists that motorists have received for decades? The measure ridiculed by North Carolina Rep. Patrick "Give Me Fossil Fuels or Give Me Death" McHenry? It didn't make it into law last year, but it seems the bike commuting credit has found its way into the latest version of the financial bailout package.

Section 211 of the "Emergency Economic Stabilization Act of 2008" allows for a "qualified bicycle commuting reimbursement" for "reasonable expenses incurred by the employee during such calendar year for the purchase of a bicycle and bicycle improvements, repair, and storage, if such bicycle is regularly used for travel between the employee’s residence and place of employment."

Other transpo-related items in the bill include credits for biofuels and other "alternative" mixtures, plug-in electric vehicles, and what looks like a few goodies for oil and natural gas producers. Another section includes incentives for green construction and renewable energy production.

The full text of the 451-page bill, expected to be taken up by the House of Representatives on Friday, is available here. Tell us if you find other items of interest.

Stay in touch

Sign up for our free newsletter

More from Streetsblog New York City

Eric Adams’s McGuinness Blvd. Capitulation Did ‘Nothing’ for Pedestrians, Greenpoint Pols Charge

Mayor Adams's watered down bike lane redesign of McGuinness Boulevard failed to improve pedestrian safety, elected officials charged.

November 29, 2023

Wednesday’s Headlines: We Beat the DOT Edition

We beat the DOT in court after it rejected our FOIL request. Plus more news.

November 29, 2023

Pols Detail ‘Road Map’ For Safe Streets in Western Queens

A group of western Queens lawmakers released a plan for street safety projects they want to see before 2030.

November 28, 2023

Tuesday’s Headlines: Restorative (Traffic) Justice Edition

Two stories highlighted a restorative justice program that allows traffic crash victims and perpetrators the chance to meet face-to-face. Plus more news.

November 28, 2023
See all posts