on Oct 9th, 2008Bike Commuters Benefit From Pork
Well, it seems after the Bail out bill failed the first time and despite the publics outcry against it. The House and Senate did what any reasonable legislative body would do. Repackage it by tacking on lots of incentives in the way of other projects that have been lingering on the bench just waiting for the right time to don a helmet and get in the game.
One of those items added and passed was bill H.R. 1424 by Congressman Earl Blumenauer of Oregon. Which mean that bike commuters can now get a tax break and start benefiting from the current economic crisis a little more more than we already do. Before you start making plans for that fully carbon ride you’ve been eyeing however. The break only pays out $20 a month or $240 for the year. Not much I know, but it’s a start.
I’m not sure how the implementation process will work. I suggest you keep an eye on Bikes Belong and The League of American Bicyclists for more information.
A complete breakdown of the whole package can found here.
[Via Bikejax.blogspot.com]