“On behalf of the millions of Americans who ride public transportation, I applaud the Congress on passage of two critical provisions that advance public transportation that are included in the tax bill that was approved today.
The extension of the public transit commuter tax benefit and the alternative fuels/natural gas tax credit through 2011 is very welcome news during these challenging economic times for Americans who ride public transportation 35 million times a day and the public transit systems that serve them.
I would particularly like to recognize the leadership of Senator Max Baucus (D-MT), who chaired the Finance Committee as well as Sens. Charles Schumer (D-NY),
Thomas Carper (D-DE), Robert Menendez (D-NJ), Scott Brown (R-MA) and Mark Kirk (R-IL) in advocating for the commuter tax benefit.
The commuter tax benefit will remain at $230 a month for public transit and vanpool users, keeping it equal to the parking benefit. The extension of the federal excise tax credit for alternative fuels, including natural gas, is retroactive to January 1, 2010 when it expired.”
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The American Public Transportation Association (APTA) is a nonprofit international association of 1,500 public and private sector organization which represent a $68 billion industry that directly employs 420,000 people and supports millions of private sector jobs. APTA members are engaged in the areas of bus, paratransit, light rail, commuter rail, subways, waterborne services, and intercity and high-speed passenger rail. This includes: transit systems; planning, design, construction, and finance firms; product and service providers; academic institutions; transit associations and state departments of transportation. APTA is the only association in North America that represents all modes of public transportation. APTA members serve the public interest by providing safe, efficient and economical transit services and products.