Governor Phil Murphy recently signed a bill into law requiring New Jersey employers of at least
20 employees to offer a pre-tax transportation fringe benefit to employees beginning March 1,
Employees may set aside up to $265 per month of pre-tax wages, which can be used for mass
transit commuting costs (bus/rail), vanpooling lease costs, and parking. Employees could save
up to $900/year by not paying federal income tax on that salary.