The NYC Commuter Benefits Law took effect on January 1, 2016 and requires NYC employers with 20 or more full-time employees (working an average of 30 hours or more per week) to provide a pretax qualified transportation benefit program for their full-time employees.
The law is enforced by the Department of Consumer Affairs and requires covered employers to offer full-time employees the opportunity to use pre-tax earnings to purchase qualified transportation fringe benefits such as:
Noncompliance penalties for a first violation range between $100 and $250. Penalties for each additional violations cost $250. More details about the law and noncompliance penalties can be found here.