Bailout law helps bike commutersby Steven John, Minnesota Public Radio
St. Paul, Minn. — A new federal law is now rewarding companies for promoting bike riding by their workers.
The Bicycle Commuter Act was part of the fine print included in the Wall Street bailout that Congress passed last fall.
It went into effect at the beginning of the year -- and can bring companies a $20 tax credit per month for each biking employee. Whether they pass that money on to the employee is up to the company.
Steve Clark of the Twin Cities nonprofit Transit for Livable Communities has been pushing for the legislation. He told MPR's Steven John how it works.
- All Things Considered, 01/12/2009, 5:54 p.m.