Government Issues

Senate votes to make transit benefit receive permanent parity with parking benefit

Posted on December 21, 2015

Photo: Elliot P.
Photo: Elliot P.

With the passage of the tax extenders legislation in the U.S. Senate on Dec. 18, the commuter benefit for public transportation riders is one step closer to receiving permanent parity with the parking benefit. All that remains is for President Obama to sign the legislation, which was attached to the omnibus appropriations bill.

“This is a great holiday present for the millions of Americans who use public transportation,” said Valarie J. McCall, American Public Transportation Association (APTA) chair and board member of the Greater Cleveland Regional Transit Authority. “Finally, the U.S. tax code will be consistent for both public transit riders and those individuals who use the parking benefit. We look forward to President Obama signing it into law.”

“This is a significant shift in policy that will promote greater usage of public transit,” said APTA president/CEO Michael Melaniphy. “The federal tax law is now fair and no longer favors driving and parking over public transportation.”

McCall and Melaniphy also praised U.S. Senator Chuck Schumer for his relentless and steadfast dedication to enacting legislation that would bring the public transit benefit into permanent parity with the parking benefit.

“In addition, we are pleased that the Alternative Fuels Tax Credit has been extended through 2016. This will not only help the many public transportation systems across the country who use alternative fuel, but will encourage additional public transit agencies to use alternative fuels,”  Melaniphy added.

View comments or post a comment on this story. (0 Comments)

More News

APTA displeased with Trump budget proposal to cut key public transit funding programs

In addition, while APTA officials appreciate the Administration putting forth an outline of an infrastructure proposal, they noted that public transit must be a significant part of any proposed infrastructure initiative.

Canadian town turns Uber into its public transit system

The town will subsidize a portion of the fare for all trips taken by residents, while offering additional subsidies for rides going to and from transit hubs.

FTA approves Caltrain FFGA for corridor electrification project

With the Caltrain project having met all of the statutory requirements, the FTA intends to sign the FFGA and intends to allocate the FY 2017 Congressionally-appropriated funds to the project in its upcoming apportionments notice.

Higher mass transit use associated with lower obesity rates, study says

Researchers controlled for a number of factors that could influence health or transportation, such as household income, poverty rate, education level, leisure physical activity and access to health care.

U.S. Senate confirms Rosen as Dep. Sec. USDOT

He has extensive experience in the transportation sector, serving previously as General Counsel at both the DOT and the Office of Management and Budget.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close