The flexible credit is meant to support a variety of bike-related expenses, including bike share memberships.
Eric Sakalowski assesses the federal bike commuter credit proposed as part of the bicycle benefits in the Build Back Better Act, which is intended "to cover a broad range of expenses that a person might incur as they commute to work by bike." The program doesn't require a new bike purchase and covers things like bike share memberships. "[E]mployers can offer employees up to $81 a month in benefits that are not subject to income tax," a much higher benefit than the $20 provided in an earlier version of the credit.
"Even more importantly, a coordination provision allows the same person to claim the bike commuter benefit and the transit and parking benefits under existing law," which allows "more occasional bike commuters to claim the benefit thereby fostering more commutes by bike for those who do more mixed forms of transportation." Unfortunately, the credit does not apply to independent contractors or people not in the labor force, "and these groups tend to be disproportionately disadvantaged." Meanwhile, the seemingly generous $81 monthly benefit is substantially less than the $270 offered by the transit and parking benefits.
Along with the e-bike credit, says Sakalowsky, the bike commuter credit "will not change the situation overnight, especially as we continue to lavish far richer tax credits on cars. But, they offer a foundation at the federal level on which we can continue to build."
Read the full story: Op-Ed: What is the Federal Bike Commuter Benefit?
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
California plans to bury El Niño’s downpour
If the state plays its cards right, it may be able to store a billion acre-feet of El Niño’s water in aquifers.
Chicago breaks ground on $3 billion megadevelopment
The new neighborhood, titled Foundry Park, will one day host 3,700 residences.
California High-Speed Rail Authority CEO resigns after $600,000 scandal
Under Ian Choudri, the authority used taxpayer dollars to fund first class flights and trips to nightclubs.
Want to study the Missouri River? Soon, you may need unanimous approval from 10 states
Legislation would require 10 governors’ permission to study or build projects moving water outside the basin.
Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River
Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
Hunter College, City University of New York (CUNY)
The Architects Foundation
University of Cincinnati Online
City of Cambridge
Montrose County
The Pocatello Development Authority