Commuter Act Becomes Law

After seven years of legislative proposals, the bicycle commuter tax benefit has finally become law. The bill passed both the U.S. House and Senate in early October, and President Bush added his signature on October 3. This legislation allows employers to give employees who commute by bike a monthly tax-free stipend of $20 or less. This benefit is modeled after the federal vanpool and transit commuter tax benefit.
We are grateful to Congressman Earl Blumenauer (OR) and other members of Congress who have worked tirelessly to advance this legislation, as well as all the devoted bicycle advocates who helped promote it. Employers may begin reimbursing employees tax-free on January 1, 2009. Stay tuned for details.
(taken from Bikes Belong)

If you want some statistics to help negotiate biking to work look no further than here