Commuter Rail
N.J. Transit to Invest Federal ‘Stimulus’ Funds Statewide
NEWARK, N.J. — A little-known benefit for transit riders was promoted by N.J. Transit Executive Director Richard Sarles during his testimony before the Assembly Transportation Committee. The new federal stimulus law allows riders to double their savings on annual transportation costs by participating in workplace programs in which pre-tax wages are set aside to reimburse transit costs. Sarles also testified on an array of transit projects being accelerated with an estimated $424 million in American Recovery and Reinvestment Act (ARRA) funds. Under the wage-withholding program for transit purchases, commuters can now have up to $230 per month withheld from their
