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HomeMy WebLinkAbout10-056 CC Resolution RESOLUTION NO. 10 -56 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA TO SUPPORT H.R. 891 AND S. 322, THE COMMUTER BENEFITS EQUITY ACT, WHICH WOULD MAKE PERMANENT THE PARITY BETWEEN EMPLOYEE PARKING AND TRANSIT PASS TAX BENEFITS IN THE INTERNAL REVENUE CODE THAT WAS CREATED TEMPORARILY IN LAST YEAR'S AMERICAN REINVESTMENT AND RECOVERY ACT (ARRA). THE CITY COUNCIL OF THE CITY OF TEMECULA DOES HEREBY RESOLVE AS FOLLOWS: WHEREAS, transit commuters across the country benefit from employer commuter assistance subsidies when traveling by public transit at the same subsidy levels as drivers of automobiles; and WHEREAS, studies show that the use of transit by work commuters increases when commuter assistance subsidies are provided by employers; and WHEREAS, the higher tax free commuter benefit limit established by the American Reinvestment and Recovery Act (ARRA) is scheduled to expire on December 31, 2010; and WHEREAS, S. 322 and H.R. 891 will extend the higher tax free commuter benefit limit past the current sunset date of December 31, 2010; and WHEREAS, S. 322 and H.R. 891 will provide major incentives for people to utilize public transit as a way to commute to work; and NOW, THEREFORE, BE IT RESOLVED by the City of Temecula to support H.R. 891 and S. 322 that will extend the higher level of tax free transit commuter benefits an employee can receive. R: /Resos 2010 /Resos 10 -56 1 PASSED, APPROVED, AND ADOPTED by the City Council of the City of Temecula this 13th day of July, 2010. Jeff Comerchero, Mayor ATTEST: a o es, MMC [SEAL] R: /Resos 2010 /Resos10 -56 2 STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF TEMECULA ) I, Susan W. Jones, MMC, City Clerk of the City of Temecula, do hereby certify that the foregoing Resolution No. 10 -56 was duly and regularly adopted by the City Council of the City of Temecula at a meeting thereof held on the 13th day of July, 2010, by the following vote: AYES: 5 COUNCIL MEMBERS: Edwards, Naggar, Roberts, Washington, Comerchero NOES: 0 COUNCIL MEMBERS: None ABSENT: 0 COUNCIL MEMBERS: None ABSTAIN: 0 COUNCIL MEMBERS: None &J Susan W Jones, MMC City Clerk R: /Resos 2010 /Resos 10 -56 3