03 October 2008

Bailout to include bikes?

It looks like there will be some kind of financial incentive to bicycle commuting as part of the plans being discussed in Washington: PDF file (see pages 205-207)

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."

I look forward to seeing what actually happens!


nelsong said...

Woo-hoo! $20 a month coming my way baby! (I think?)

mtblawgirl said...

Great find! Thanks for posting!

Anonymous said...

Come on bikers should be above this! Not necesary.

Jono Davis said...

"Come on bikers should be above this! Not necesary."

...and should motorist be above subsidized gasoline prices and the interstate highway system?