Section 1 Short title
This Act may be cited as the “Bike to Work Act of 2014”.
Bike to Work Act of 2014
A BILL
To amend the Internal Revenue Code of 1986 to treat bicycle sharing systems as mass transit facilities for purposes of the qualified transportation fringe.
Sec. 2 Bicycle Sharing Systems Treated as Mass Transit Facilities
In General— Section 132(f)(5) of the Internal Revenue Code of 1986 is amended by adding at the end the following new subparagraph:
“(G) Bicycle Sharing Systems Treated as Mass Transit Facilities
“(i) In General—A bicycle sharing system shall be treated as a mass transit facility for purposes of subparagraph (A)(i).
“(ii) Bicycle Sharing System—The term bicycle sharing system means a public transportation system—
“(I) consisting of a network of stations at which bicycles are made available to customers for commuting and short-term, point-to-point use within the network’s service area; and
“(II) that is operated or authorized by a government agency or public-private partnership.”
Effective date— The amendment made by this section shall apply to months beginning after the date of the enactment of this Act.