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US Senator introduces legislation to allow employers to provide pre-tax transportation benefits for EV drivers

US Senator Sherrod Brown (D-OH) has introduced new legislation (S.3450) to allow employers to give workers with electric cars access to the same pre-tax transportation benefits many workers receive for traditional forms of transportation like public transportation allowances, parking fees, and public transit passes.

The Electric Vehicle Credit Act would amend the Internal Revenue Code to exclude transportation benefits for electric vehicle charging from an employee’s taxable income, the same way many employees can exclude other transportation benefits, such as transit passes or parking fees.

Minimum pack capacity for four-wheeled vehicles included within the bill is 4 kWh (2.5 kWh for 2- or 3-wheelers).

Employers would be able to give up to $250 per month in electric charging benefits without employees being taxed, making their benefit packages more competitive.

The bill has been endorsed by the Electric Drive Transportation Association (EDTA).


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