Ron Amundson’s Political Blog

GovTrack: H.R. 5351: Text of Legislation passed the house

The Renewable Energy and Energy Conservation Tax Act of 2008 has a provision to encourage bicycle commuting. In fact, employers would be able to offer a tax exempt fringe benefit of up to $20 a month for those who commute by bicycle.

Granted, being I coordinate virtual teams in my business, who don’t commute, and are not employees, the ability to offer this fringe benefit has limited value to me, other than it will reduce emissions. If I ever decide to go the route of onsite employees again, this is something I will have to highly consider.

Years ago, one of my techs, as well as a co-engineer used to commute by bicycle. Even I had to prove it to myself I could do so… on one of the coldest days of the year. I figured if I could ride 3.5 miles in -23 deg F weather, I would have no excuse for not doing so on any other day. Well, I didn’t bicycle commute very often, but it did convince me it was possible.

Thus, I think this is a great addition to the bill. The cost to the govt is pretty low, the cost to employers who choose to offer it is pretty low, and apart from reducing carbon emissions, it is likely to also result in lower medical costs, and even efficiency gains due to healthier employees. Its also one of those fringe benefits that can give an employer an edge when it comes to recruiting. Not so much from a benefit standpoint in and of itself, but that an employer is on the ball, and wants to encourage energy conservation, as well as improved employee health… and such a stance can make a difference when it comes to recruiting, at least in some sectors.