File #: Int 0481-2003    Version: * Name: NYC Employees the opportunity to use pre-tax earnings to purchase qualified transportation benefits in accordance with federal law.
Type: Introduction Status: Filed
Committee: Committee on Transportation
On agenda: 5/28/2003
Enactment date: Law number:
Title: A Local Law to amend the administrative code of the city of New York, in relation to requiring every individual, corporation or other entity with fifty or more employees in New York City to offer such employees the opportunity to use pre-tax earnings to purchase qualified transportation benefits in accordance with federal law.
Sponsors: Gifford Miller, John C. Liu, Erik Martin Dilan, Diana Reyna, Sara M. Gonzalez, Larry B. Seabrook, Miguel Martinez, Leroy G. Comrie, Jr., Joel Rivera, Domenic M. Recchia, Jr., Kendall Stewart, James F. Gennaro, Vincent J. Gentile, Maria Baez, Yvette D. Clarke, Simcha Felder, Lewis A. Fidler, Alan J. Gerson, Melinda R. Katz, G. Oliver Koppell, Margarita Lopez, Hiram Monserrate, Michael C. Nelson, Christine C. Quinn, Philip Reed, James Sanders, Jr., Helen Sears, Jose M. Serrano, Albert Vann, David I. Weprin, David Yassky, Robert Jackson, Gale A. Brewer
Council Member Sponsors: 33
Attachments: 1. Committee Report, 2. Hearing Transcript
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
12/31/2003*Gifford Miller City Council Filed (End of Session)  Action details Meeting details Not available
11/24/2003*Gifford Miller Committee on Transportation Laid Over by Committee  Action details Meeting details Not available
11/24/2003*Gifford Miller Committee on Transportation Hearing Held by Committee  Action details Meeting details Not available
5/28/2003*Gifford Miller City Council Referred to Comm by Council  Action details Meeting details Not available
5/28/2003*Gifford Miller City Council Introduced by Council  Action details Meeting details Not available

Int. No. 481

 

By The Speaker (Council Member Miller) and Council Members Liu, Dilan, Reyna, Gonzalez, Seabrook, Martinez, Comrie, Rivera, Recchia, Stewart, Gennaro, Gentile, Baez, Clarke, Felder, Fidler, Gerson, Katz, Koppell, Lopez, Monserrate, Nelson, Quinn, Reed, Sanders, Sears, Serrano, Vann, Weprin, Yassky, Jackson and Brewer

 

A Local Law to amend the administrative code of the city of New York, in relation to requiring every individual, corporation or other entity with fifty or more employees in New York City to offer such employees the opportunity to use pre-tax earnings to purchase qualified transportation benefits in accordance with federal law.

 

Be it enacted by the Council as follows:

 

Section 1. Section 12-139 of title 12 of the administrative code of the city of New York is amended to read as follows:

§12-139 Election of qualified transportation benefits in lieu of taxable dollar compensation. a. Employees of the city of New York shall be permitted to use pre-tax earnings to purchase qualified transportation benefits, other than qualified parking, in accordance with federal law and shall thereupon be entitled to such personal income tax benefits as may be authorized by such law.

b.  Every individual, corporation or other entity with fifty or more employees in the city of New York shall offer such employees the opportunity to use pre-tax earnings to purchase qualified transportation benefits, other than qualified parking, in accordance with federal law.  The minimum amount of pre-tax earnings that shall be made available by such individual, corporation or other entity to such employees for qualified transportation benefits, other than for qualified parking, shall be seventy dollars per month.

§2.  This local law shall take effect one hundred twenty days after it is enacted into law.