Library Green Team member, Lisa Conathan (Archivist for Slavic Language Collections, Beinecke Rare Book and Manuscript Library), shares this good information:
In October, George Bush signed the Transportation Fringe Benefit to Bicycle Commuters, which allows employers to reimburse bicycle commuters up to $20 per month tax-free for eligible expenses. The act was section 211 of HR 1424 (the Wall Street bailout package) and takes effect January 1.
Library Green Team members believe this represents a wonderful opportunity for Yale to improve the commuter benefit program in order to better align it with University-wide sustainability initiatives. Currently, bicycle commuters do not receive the type of benefits that are extended to those who carpool or use public transportation. While the dollar amount is small, this benefit would be an added incentive to bike to work.
The University Benefits Office has not decided whether or how to implement this yet. Library staff are encouraged to share their opinions: (firstname.lastname@example.org).
The full text of the relevant section of the law is cited in this article form Cycleliciou.us: