View Single Post
Old 20-02-2010, 10:32 AM   #205
Senior Member
Join Date: Aug 2009
Location: Bulgaria
Posts: 16,643
Likes: 57 (39 Posts)

RFID System Tracks Trips, Fringe Benefits, for Bike Commuters

Dero hopes health-insurance firms may subsidize the costs of its Zap system, as a means of encouraging a company's employees to maintain a healthier lifestyle.
article tools

By Mary Catherine O'Connor

Feb. 17, 2010—Since Jan. 1, 2009, employers that provide bicycle parking—or other support for workers who pedal their way to the office—have been able to deduct up to $20 a month per participating employee from their own taxable income.

Dero Bike Racks, a Minneapolis, Minn., manufacturer of racks and other bike-storage systems, has introduced an RFID system called Zap, in order to provide companies with a means of tracking and verifying their employees' practice of commuting to work by bicycle. By deploying Zap, employers can have an automated means of doling out the $20 monthly stipend awarded to bike-riding commuters as laid out in section 211 of the Emergency Economic Stabilization Act of 2008 (H. R. 1424). The stipend is meant to defray employee costs for bicycle maintenance and accessories, such as locks—and since it is tax-free, the award is meant to encourage employers to provide adequate bike parking, as well as showers for staff members who ride bicycles.
"Its plain to see that the seeds from you and me, will be the ones that lead us towards unity, that's if we treat them right, must teach them right, raise your kids better than you was and see what it does" EDI - Outlawz

Last edited by wakeup2nwo; 20-02-2010 at 10:35 AM.
wakeup2nwo is offline   Reply With Quote