This bill amends New Jersey law to expand the definition of "alternative means of commuting" to include micromobility-sharing arrangements and transportation network company services, thereby allowing these benefits to be eligible for tax exclusions and credits. Specifically, it defines "micromobility-sharing arrangement" as a rental service for bicycles and scooters available for point-to-point use within a designated area. Additionally, it clarifies that "transportation network company services" refer to prearranged rides provided by companies like Uber and Lyft, with specific conditions under which these rides are not considered shared rides.

The changes made by this bill aim to encourage the use of diverse commuting options beyond single-occupancy vehicles, thereby promoting cleaner transportation alternatives. By including these new definitions and provisions, the bill seeks to enhance employer-provided commuter benefits, making it easier for employees to utilize various forms of transportation while also providing potential tax benefits to employers who offer such options.

Statutes affected:
Introduced: 27:26A-3