Bailout Law Helps Bike Commuters

A new federal law is now rewarding companies for promoting bike riding by their workers.

The Bicycle Commuter Act was part of the fine print included in the Wall Street bailout that Congress passed last fall.

It went into effect at the beginning of the year — and can bring companies a $20 tax credit per month for each biking employee. Whether they pass that money on to the employee is up to the company.

TLC’s Steve Clark talks to MPR’s Steven John about how it works. He sounds great! Check it out.