This legislation aims to reinstate and significantly expand employer-provided tax-free fringe benefits for employees who commute by bicycle. It repeals the previous suspension of these benefits, making them available again for taxable years beginning after December 31, 2024. The bill redefines "qualified bicycle commuting benefit" to cover a wider range of expenses and property. This includes employer reimbursement for the purchase, lease, rental, improvement, repair, or storage of qualified commuting property, or the direct provision of its use. Eligible "qualified commuting property" now encompasses: Bicycles (non-motorized) Electric bicycles (with specific wattage and speed limits) 2- or 3-wheel scooters (non-motorized or electric with speed/weight limits) The benefit also extends to bikeshare programs. A new monthly exclusion limit is established for these benefits, set at 30 percent of the dollar amount in effect for other qualified transportation benefits.