Senate bill restores federal transit benefits

Published March 14, 2012 4:00am ET



A massive transportation bill approved in the Senate Wednesday restores federal transit benefits that dropped at the start of the year, making them equal to the federal parking perks.

The transportation reauthorization bill calls for boosting the transit benefits that workers can receive either as a pre-tax paycheck deduction or outright perk from a maximum of $125 a month to $240.

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