The federal bicycle commuter tax provision recently was passed into law recognizing bicycling as a major method of work commuting trips. Set up like existing tax incentives for commuting by transit or parking your car, this act provides an employer tax break of $20 a month to reimburse employees for bicycle commuting expenses. Some examples include the purchase of a bicycle and bicycle improvements, repairs, and storage.

The act takes effect for tax year 2009 beginning January 1.  We will share information on how businesses can begin implementing once the I.R.S. issues program details. Thanks to everyone who contacted your congressperson to request this program.

– excerpt from Bicycle Colorado, click here for more info