Philly businesses would have to offer pre-tax SEPTA passes under new City Council plan - BillyPenn
Potentially saving workers hundreds each year
Backers say the idea could boost ridership, improve safety, and increase transit equity.
As SEPTA struggles to coax more commuters back onto its trains and buses, City Council is putting forward a plan that would require businesses to help out while providing a potential tax break for workers.
Under a proposed law Councilmember Helen Gym is introducing today, Philadelphia companies with more than 50 employees would have to offer a transit benefit: letting workers pay for SEPTA passes with pre-tax salaries.
This could cut employees’ federal income tax bill by an average of $200 to $250 a year, according to Gym — and hopefully encourage more people to ride the system.