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Compliance Briefing Center

Commuter

Making it Easier for You
to Manage Benefits

President Obama signed into law the Moving Ahead for Progress in the 21st Century Act (MAP-21)

July 6, 2012
Friday, July 6, 2012, President Obama signed into law the Moving Ahead for Progress in the 21st Century Act (MAP-21). However, the provision to restore parity between the transit and parking benefit that was included in the Senate version of the legislation was dropped from the final bill. The current monthly pretax transit cap remains at $125 and the monthly pretax parking cap remains at $240.