PATH Act Brings Equality to Transit Rider Benefits!
December 18, 2015
I am pleased to share this press release the RTA just released announcing something called "transit parity." As you may know, many regional riders sign up for transportation benefits through their employers and get pre-tax deductions from their paychecks to pay for transit fares. These riders can save riders hundreds of dollars a year that they would otherwise have to pay in taxes. For a while now, these riders have been limited to a monthly benefit of $130, while commuters who chose to drive and park got a monthly benefit of about double that. In essence, there was no "parity" between the two benefits and one could say commuters were actually encouraged to drive and park instead of taking transit.
As of today, parity is restored. We at the RTA are proud to say we had a lot to do with that. Please find our press release below and know that we are always working for you, our regional rider. Ride On.
RTA Welcomes Passage of the PATH Act: Legislation Restores Equal Tax Benefit to Transit Commuters
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