Expands employer provided commuter transportation benefit to include micromobility-sharing arrangements and transportation network company services.

This bill expands New Jersey's existing commuter transportation benefit program to include micromobility-sharing services, such as bike and scooter rentals, and transportation network company rides like those from ride-hailing apps. By updating the legal definition of "alternative means of commuting," the legislation allows employers to offer these specific services as pre-tax benefits to their employees without increasing their taxable income. The law includes specific conditions for ride-hailing services, permitting them as benefits only during late-night hours, for individuals with disabilities, or when shared rides are unavailable. This change directly affects employers in the state who wish to provide modern transportation options and employees who may utilize these services for their daily commute.