A5288

Expands employer provided commuter transportation benefits to include micromobility-sharing arrangements and transportation network company services.

This bill expands employer provided commuter transportation benefits to include micromobility-sharing arrangements and transportation network company services. It makes their provision eligible for certain tax benefits as alternate means of commuting. Employers may receive a tax credit for these benefits, subject to a limit per employee. Micromobility-sharing arrangements include rentals of bicycles, low-speed electric bicycles, motorized bicycles, low-speed electric scooters, or motorized scooters.