[Congressional Record Volume 158, Number 103 (Wednesday, July 11, 2012)]
[House]
[Page H4783]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
{time} 1100
COMMUTER SAVINGS ACT
The SPEAKER pro tempore. The Chair recognizes the gentlewoman from
New York (Ms. Hayworth) for 5 minutes.
Ms. HAYWORTH. As a frequent rider and former commuter on New York's
mass transit system, I know how important public transportation is.
Alone, the New York Metropolitan Transportation Authority, or MTA,
transports more than 8.5 million commuters across metropolitan New York
every day. In the district I'm privileged to serve--New York's 19th
Congressional District--which includes Westchester, Orange, Rockland,
Dutchess, and Putnam Counties, the MTA's 31 Metro-North Railroad
stations serve 11,000 passengers every weekday.
Our Hudson Valley's mass transit commuters lost part of their recent
tax credits for employer-provided mass transit benefits as of January 1
of this year. Commuters utilizing the mass transit portion have seen
their credits drop from $230 per month to $125 per month, which means
that their commuting costs have increased. In contrast, commuters
utilizing the driving and parking benefits have seen an automatic
increase from $230 per month to $240 per month, which is why I
introduced the Commuter Savings Act on June 29.
This legislation would extend parity between the mass transit and
parking portions of the transportation tax credit, which would increase
mass transit benefits from $125 per month to $240 per month. Mass
transit minimizes traffic congestion, reduces fuel consumption, and
limits the wear and tear on our roads and bridges. It's really a great
win for all of us even if we don't use mass transit. The Commuter
Savings Act will directly help more than 70,000 of our Hudson Valley
neighbors, and the bill is retroactive to January 1 of this year, which
will provide mass transit commuters with a full 2 years of certainty in
their mass transit benefits.
For the tens of thousands of Hudson Valley residents and millions of
Americans across the country who rely on safe and affordable public
transportation and for all of us who enjoy the benefits of those fellow
Americans using mass transit, I urge my colleagues to join me and my
fellow primary cosponsors, Representatives Peter King and Bob Dold, in
giving our mass transit commuters a break in these tough economic
times.
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