ROCHESTER, N.Y. — A new bill introduced by State Sen. Jeremy Cooney aims to reduce commuting costs for workers in upstate New York. The legislation would allow employees to use pre-tax earnings for expenses like bus passes, ride shares, and parking.
Cooney said the program would function similarly to a health savings account, but for transportation. Workers could set aside money before taxes, reducing their monthly expenses. Employers could also benefit by saving on payroll taxes.
“In Monroe County, commuters pay $200 to $500 per month on average on bus passes and ride share costs,” Cooney said.
Cooney emphasized the importance of making life more affordable and accessible for all in New York. Employers have the option to participate in the program.
Senator Jeremy Cooney introduces new bill, aiming to reduce commuting costs for workers WHEC.com.
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