Rep. Blumenauer Introduces Parking Cash Out Legislation to Incentivize Sustainable Commuting
August 09, 2022
August 09, 2022
WASHINGTON, Aug. 9 -- Rep. Earl Blumenauer, D-Oregon, issued the following news release on Aug. 8, 2022:
Last week, Congressman Earl Blumenauer (D-OR), founder and co-chair of the Congressional Bicycle Caucus introduced legislation requiring employers to offer a parking cash out option to employees who are otherwise offered a parking benefit. The value of the cash option would be equal to that of the parking benefit and taxable as ordinary income.
"As the climate c . . .
Last week, Congressman Earl Blumenauer (D-OR), founder and co-chair of the Congressional Bicycle Caucus introduced legislation requiring employers to offer a parking cash out option to employees who are otherwise offered a parking benefit. The value of the cash option would be equal to that of the parking benefit and taxable as ordinary income.
"As the climate c . . .