US politician drafts bill to boost cycling to work01/10/2008 News
According to the draft, a taxpayer who rides a bicycle to work at least 10 days a month could receive a $15 tax credit per month. A business could claim up to a $5,000 corporate tax credit for installing bicycle racks and showers for their employees who commute by bicycle.
Lim told his local newspaper he wrote the bill as a response to gas prices and traffic congestion, with the tax credits serving as an incentive for people to ride bicycles instead of driving.
“It’ one tool to address traffic conditions in an environmentally-friendly way, and it’ a healthy alternative,” Lim said.
Lim plans to file the bill before the Legislature convenes in January 2009 so that committee and public hearings can begin and the details can be worked out with state transportation and tax agencies.