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Illinois Passes Legislation Requiring Pre-Tax Commuter Benefits
Ameriflex 
[Guidance Overview] Sept. 1, 2023 "The State of Illinois recently passed the 'Transportation Benefits Program Act' that will go into effect January 1, 2024, and require employers with 50 or more employees located in specific areas to offer a pre-tax commuter benefit to 'covered employees.' Employees who take advantage of the benefit can use a pre-tax payroll deduction to pay for transit passes and avoid paying taxes for the deduction amount." |
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