HI HB2254

Allow chief executives of state jurisdictions, including counties, to establish pretax transportation benefit programs qualifying under section 132 of the Internal Revenue Code

Expand the existing Department of Human Resources Development pilot program currently limited to state executive branch employees on Oahu to other jurisdictions statewide

Enable eligible employees to purchase public bus passes, Handi-Van fare coupons, and Vanpool Hawaii vouchers through pre-tax payroll deductions, reducing federal, state, and FICA taxes

Provide tax savings to participating employees based on their tax bracket; example shows annual savings of $138.24 to $253.68 for an employee earning $24,000 annually depending on transportation mode

Committee on Ways and Means recommends passage, finding the pilot program successful and supporting statewide expansion