Congress Continues to Form End-of-Year Tax Bill; Commuter Benefit Could be Affected

As of Dec. 9, Congress continues to discuss an end-of-year tax package that would address a number of issues as it heads for winter adjournment. APTA is working to ensure that two items of importance to its members are part of these packages -- maintaining the Commuter Benefit and extending alternative fuels tax credits.

Riders relying on public transportation will be forced to dig deeper into their pockets to commute to and from work if these items are not included in any end of the year actions. Transit benefits and parking benefits have been equal at $230, but unless Congress extends this benefit before the end of the year, transit benefits will be reduced to $125 while the parking benefit would increase to $240. This would effectively be a tax increase on public transit riders and their employers. Approximately 70 percent of public transit riders make household incomes from $15,000 to $99,000 a year. APTA continues to support parity for public transit riders.

If these bills are included in the end-of-year "tax extenders" legislation, they could be considered as early as next week.

SAVE THE DATE


Don’t miss out on all the latest information on regulatory and legislative developments at APTA’s Legal Affairs Seminar Feb 19-21, 2012. Among the topics that will be covered are the latest changes on Capitol Hill and within the administration as well as industry-related litigation and other legal issues. Early registration ends on Jan. 6, so be sure to book your hotel room in Tampa, FL soon!

IN THE MEDIA

Public transit can move people to buying in bulk. That is what retailers such as BJ's Wholesale Club and Burlington Coat Factory are finding out as they take their suburban modeled stores and move them into urban centers. A vice-president at BJ's called public transit absolutely critical as these businesses move into new settings.

When most riders hop on the bus they do not expect to be serenaded. Recently, however, on Broward County Transit that is exactly what they got. The system teamed up with the Miramar Cultural Center to promote the "Sing-a-Long Sound of Music" movie screening. Riders received a goody-bag with swag from the cultural center and a theater schedule. A ride and a show!

Baltimore has one very festive bus this holiday season. Santa is behind the wheel of a specially decorated Maryland Transit Administration (MTA) bus. Riders will dash away from the bus stop with Santa driving and a team of elves dispensing free rides, candy canes, and holiday cheer. Santa, no stranger to planning, will be choosing a route through the city each day and bringing a little cheer to those riders. This continues a decades-old tradition for the MTA -- so keep an eye out from now through Dec. 22.