Wow... It seems that in the expanded version of the 700 Billion Dollar Bailout Bill, originally 3 pages and now +400 pages, was a good thing for cyclists. It seem that the long sought after
Bicycle Commuter Provision was slipped in. From the League of American Bicyclists Site:
After seven long years, the bicycle commuter tax provision has finally passed both the House and Senate as part of the financial bailout package. President Bush said that he would quickly sign the $700 billion bailout bill (Look for Section 211). Thanks to all of you around the country who have contacted your congressional leaders over the years, and also thanks to Congressman Blumenauer and Senator Wyden for their continued insistence on having this benefit provided to bicycling Americans. Keep checking back here as we work on the implementation process.
Now... I have to figure out how to cash in!
Bicycle Commuter Provision was slipped in. From the League of American Bicyclists Site:
After seven long years, the bicycle commuter tax provision has finally passed both the House and Senate as part of the financial bailout package. President Bush said that he would quickly sign the $700 billion bailout bill (Look for Section 211). Thanks to all of you around the country who have contacted your congressional leaders over the years, and also thanks to Congressman Blumenauer and Senator Wyden for their continued insistence on having this benefit provided to bicycling Americans. Keep checking back here as we work on the implementation process.
Now... I have to figure out how to cash in!
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