NYC to Introduce Legislation that Requires Big Employers to Sign Up for Federal Transit Tax Benefit

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New York City Councilman Dan Garodnick will introduce legislation that will require big employers (20 or more workers) to enroll in a federal commuter tax benefit program.  According to Dan Rovoli, author at amNewYork, the program could save an employee who makes the city's median income $443 a year by purchasing the monthly MetroCard (up to $130) through the worker's pre-tax pay.  The article states that there are a million people in the city who cannot access the tax benefit, and that this legislation would make it available to over 600,000 transit riders.

To read the entire article, please to go http://www.amny.com/transit/lawmaker-wants-big-businesses-to-offer-commuter-tax-benefit-1.7840650.