Some of the ways we can assist local businesses with transportation programs and options.
Commuter Tax Incentives
The Federal tax code allows the use of tax-free dollars to pay for transit commuting and parking costs through employer-sponsored programs. Commuter tax benefits are regulated by the Internal Revenue Code, Section 132(f)–Qualified Transportation Fringe. For the 2016 taxable year, the tax code allows tax-free transportation fringe benefits of up to $255 per month per employee for transit expenses and up to $255 per month for qualified parking. Qualified parking is defined as parking at or near an employer's worksite, or at a facility from which employee commutes via transit, vanpool or carpool). Commuters can receive both the transit and parking benefits.
Companies can offer:
- A tax-free employer-paid subsidy
- A pre-tax employee-paid payroll deduction
- A combination of both of the above.
Transportation Improvement Grants
Need a bike rack for your customers? Maybe an electric vehicle charging station for your employees? Grants are available for up to $10,000!
The North Natomas Transportation Improvement Grant (TIG) Program is designed to support North Natomas businesses in creating innovative solutions to transportation problems. The program is open to North Natomas business owners, property owners and property managers.
Possible improvement ideas include:
Retail incentives for walkers and bikers
Transportation themed art
Electric vehicle charging stations
A project of your own devising
Vanpools and Carpools
Sharing the ride will save employees time and money, reduce stress levels, and help ease traffic congestion.
Employees can locate open seats in existing vanpools through the Commuter Club vanpool listings.
We can also help establish new vanpools for your employees. Contact the Jibe office for more details at 916-419-9955.
Employees can seek a carpool partner by registering in the Commuter Club Ridematch System.