Metro Magazine

News

Web Extra: Transit commuter benefit in danger of being slashed Dec. 31

The American Recovery and Reinvestment Act (ARRA) included a provision to raise the monthly limit commuters can deduct from their paycheck on a pre-tax basis from $120 to $230 to pay for their commute and accrue savings. However, the additional savings will disappear if the law is allowed to sunset on Dec. 31, 2010, reverting to the $120 level unless Congress acts to extend it.

Proterra receives $20M from cleantech investor

MK Energy and Infrastructure’s investment will accelerate the construction of Proterra’s first full-scale manufacturing plant in Greenville, S.C., which will break ground later this year and have capacity to make 2,500 EcoRide BE-35 buses annually and employ 1,300 workers over the next five years.

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