Statute · New York State Finance Law
N.Y. State Fin. Law § 201-c — Qualified transportation fringe benefit program for employees of the city university of New York
N.Y. State Fin. Law § 201-c
- Type
- Statute
- Source
- New York State Finance Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 201-c. Qualified transportation fringe benefit program for employees of the city university of New York. 1. The city university of New York is authorized to establish a qualified transportation fringe benefit program consistent with section 132 of the internal revenue code and regulations…
Citator
N.Y. State Fin. Law § 201-c — Qualified transportation fringe benefit program for employees of the city university of New York is in force in the current edition of the Code, and nothing recorded condemns it.
§ 201-c. Qualified transportation fringe benefit program for employees of the city university of New York. 1. The city university of New York is authorized to establish a qualified transportation fringe benefit program consistent with section 132 of the internal revenue code and regulations adopted pursuant thereto.
2. Following the establishment of a qualified transportation fringe benefit program as authorized by subdivision one of this section, employees of the city university of New York shall be permitted to use pre-tax earnings to purchase qualified transportation benefits, in accordance with federal law and shall thereupon be entitled to such personal income tax benefits as may be authorized by such law.