If you’re a multi-modal commuter, your transit benefit is about to be cut in half unless you act now. The law that brought the monthly transit payroll deduction in line with the pre-existing $230 parking deduction, is due to expire in January. From Transportation for America:
Come January, if you spend more than $120 a month on your commute in a vanpool, train or bus, the federal government will be sending a message loud and clear: they’d like you to start driving to work, where you can get $230 for parking deducted from your paycheck tax free.
A provision in the stimulus bill increased the transit benefit from $120 to $230, finally putting it on equal footing with the $230 parking benefit and extending this great benefit to everyone, whether they drive or take transit each day. But that provision is about to expire unless Congress votes to extend it during their December session.
Take action at the following sites.