gresham

Oregon House Rep. drafts bike commuter tax break legislation

Avatar by on October 1st, 2008 at 9:56 am

John Lim (R-Gresham)

This morning’s Gresham Outlook newspaper has a story about new legislation that has been drafted by Oregon State Rep. John Lim (R-Gresham) that would give a tax break to bike commuters.

According to the Outlook, the current draft language of the bill says,

“a taxpayer who rides a bicycle to work at least 10 days a month could receive a $15 tax credit per month that would be applied to their personal income tax. A business could claim up to a $5,000 corporate tax credit for installing bicycle racks and showers for their employees who commute by bicycle.”

[Read more…]