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Public Statements

Restoring Tax-Free Commuter Benefits

Floor Speech

By:
Date:
Location: Washington, DC

Mr. HULTGREN. Mr. Speaker, my district includes the north and west suburbs of Chicago. Our area has the second highest percentage of commuters in the country.

Many of my constituents currently receive employer-sponsored transit benefits for commuting costs like parking and train tickets. Last year this benefit was cut in half for public transit commuters, and I fought hard throughout 2012 for that benefit to be restored.

I am thankful that it is now law that employers may provide up to $245 a month for their employees as a transit or van pool benefit tax-free. This is good for both employees and employers. Now neither of them will be taxed on that money, and employees will be encouraged to use the public transportation options. I'm glad that Congress has restored this important benefit.


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