2006 New York Code - Election Of Qualified Transportation Benefits In Lieu Of Taxable Dollar Compensation.

 
    * §  12-139  Election  of qualified transportation benefits in lieu of
  taxable dollar compensation. 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.
    * NB The validity of local law 18 of 2000 is currently  a  subject  of
  disagreement  between the Mayor and the City Council. This certification
  is not intended as a legal opinion as to the validity of the local  law,
  other than certifying the truth of the facts presented herein.