Policy Impact Analysis - 117/HR/7754

Bill Overview

Title: COVID–19 Commuter Benefits Distribution Act

Description: This bill permits a one-time payment of unused transportation fringe benefits to a succeeding month. Under current law, such unused benefits are forfeited.

Sponsors: Rep. Rice, Kathleen M. [D-NY-4]

Target Audience

Population: People who commute to work and are eligible for transportation fringe benefits globally

Estimated Size: 30000000

Reasoning

Simulated Interviews

Software Developer (New York City)

Age: 35 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 10/20

Statement of Opinion:

  • I regularly max out my transportation benefits just for my subway commute, so initially, the carryover doesn’t seem beneficial.
  • However, if I need to start working late nights or weekends in future, having the reserve could ease the budgeting for add-on fares.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 8 7
Year 10 8 7
Year 20 8 7

Marketing Specialist (San Francisco)

Age: 28 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 8/20

Statement of Opinion:

  • Being able to carry over benefits is a nice safety net since some months I don't drive as much due to working from home.
  • This adds a bit of flexibility to my budget when traffic picks up seasonally.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 6 6
Year 5 7 6
Year 10 7 6
Year 20 7 6

Financial Analyst (Chicago)

Age: 42 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 5.0 years

Commonness: 7/20

Statement of Opinion:

  • If I don't use all my parking benefits due to remote work, it’s reassuring to know they won’t just disappear.
  • It's not a life-changer, but having that extra security is nice for when I travel to client sites unpredictably.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 9 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

School Teacher (Los Angeles)

Age: 55 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 0.0 years

Commonness: 5/20

Statement of Opinion:

  • I rarely think about the fringe benefits as they do not cover much of my commuting costs.
  • Being able to roll over unused benefits is slightly comforting but not impactful unless work schedules drastically change.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 6 6
Year 20 6 6

Nurse (Houston)

Age: 30 | Gender: other

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 3/20

Statement of Opinion:

  • Given my irregular hours, any extra benefit to carry over is a welcome lifeline for unexpected schedule changes.
  • While I rely heavily on a carpool, I don’t use benefits every month, so this change helps financially.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 7 5
Year 5 6 5
Year 10 6 5
Year 20 6 5

Electrician (Boston)

Age: 40 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 1.0 years

Commonness: 9/20

Statement of Opinion:

  • Having rollover benefits isn’t directly useful as I handle my transport differently each month.
  • If my workplace made more active use of such programs, I might benefit more.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 5 5
Year 3 5 5
Year 5 5 5
Year 10 6 5
Year 20 6 5

Freelance Writer (Seattle)

Age: 38 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 4/20

Statement of Opinion:

  • As an independent contractor, I do not receive commuter benefits, so the policy doesn't apply to me.
  • I see the potential use to conventional employees.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Office Administrator (Miami)

Age: 47 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 6/20

Statement of Opinion:

  • Rolling over benefits adds a cushion I didn't have before, as my month-to-month commuting costs vary with work assignments.
  • It simplifies budgeting but is not majorly transformative.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 8 6
Year 5 8 6
Year 10 8 6
Year 20 8 6

Civil Engineer (Denver)

Age: 32 | Gender: male

Wellbeing Before Policy: 8

Duration of Impact: 10.0 years

Commonness: 5/20

Statement of Opinion:

  • I’ve benefited from commuter benefits for years, allowing me to come to work stress-free.
  • With this policy, if I'm ever in a position where I use my car more than usual, it's comforting to know there are extra benefits available to draw from.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 8
Year 2 9 8
Year 3 9 8
Year 5 9 8
Year 10 9 8
Year 20 9 8

Customer Support Representative (Atlanta)

Age: 25 | Gender: female

Wellbeing Before Policy: 5

Duration of Impact: 4.0 years

Commonness: 8/20

Statement of Opinion:

  • The policy is beneficial as some months are lighter on transport costs due to cycling which is my preferred mode.
  • Knowing benefits are carried forward provides an added layer of budgetary ease for emergency expenses.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 7 5
Year 3 6 5
Year 5 6 5
Year 10 6 5
Year 20 6 5

Cost Estimates

Year 1: $3000000000 (Low: $2000000000, High: $4000000000)

Year 2: $0 (Low: $0, High: $0)

Year 3: $0 (Low: $0, High: $0)

Year 5: $0 (Low: $0, High: $0)

Year 10: $0 (Low: $0, High: $0)

Year 100: $0 (Low: $0, High: $0)

Key Considerations