Support Legislation to End the Penalty on Non-Profits for Offering Transportation Options

The Tax Cuts and Jobs Act signed into law last December, more commonly referred to as tax reform, made several changes to the transportation fringe benefit (IRC Sec. 132(f)). The legislation maintained the parking and transit tax benefits for individuals.  However, it also made the transportation fringe benefit more expensive for non-profits and universities that…

New Jersey Statewide Transit Benefit Ordinance Action Center

AB 2425/S1567 would authorize a statewide transit benefit ordinance in New Jersey similar to that of San Francisco, Washington DC, and New York City. If enacted, employers with more than 50 employees would be required to offer pre-tax transportation fringe benefits to their employees. Transit benefit programs greatly reduce drive alone rates, thus, reducing congestion, improving…