Establishes the Commuter Transportation Benefits Act, requiring employers with 500+ employees to offer pre-tax commuter transportation benefits.
The Commuter Transportation Benefits Act mandates that employers with 500 or more employees must establish a pre-tax commuter transportation fringe benefit program. This program allows employees to deduct commuter transit benefits from their gross income, up to the maximum allowable under federal law. The Department of Transportation, in collaboration with the Department of Labor and Training, will conduct a public awareness campaign to encourage employees to inquire about these benefits.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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