Separate Senate and House bills have been filed that are meant to promote public transit use and ease parity between mass-transit and parking subsidies, Federal News Radio reported Tuesday.
Jack Moore writes the federal government plans to reduce traffic congestion and employ environmentally responsible practices by asking federal employees to use public transportation.
Senator Chuck Schumer (D-N.Y.) filed the Commuter Benefits Equity Act intended to increase the subsidy for mass-transit use to $245 and Representative Michael Grimm (R-N.Y.) introduced the Commuter Parity Act that aims to equalize parking and mass-transit subsidy to $220 each, the report said.
Both bills will be subject to cost-of-living adjustments in January, Federal News Radio reports.
Federal agencies can offer direct employer subsidies or pre-tax benefits such as transit passes or vouchers that will have limits set by law and be carried out by the Internal Revenue Service.