Monday, November 3, 2008

News You Can Use: Bikers need benefits, too

Leaving no stone unturned in the nation's effort to reduce the burden of gas prices and the downward economy, a little-known provision in the Emergency Economic Stabilization Act (aka, the $700 billion bailout law) allows employers to provide $20 a month in commuter benefits for employees that bike to work.

Covered reasonable expenses include the purchase of a bicycle and bicycle improvements, repair and storage.

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