§ 201-C — Qualified transportation fringe benefit program for employees of the city university of New York

§ 201-c. Qualified transportation fringe benefit program for employees\nof the city university of New York. 1. The city university of New York\nis authorized to establish a qualified transportation fringe benefit\nprogram consistent with section 132 of the internal revenue code and\nregulations adopted pursuant thereto.\n 2. Following the establishment of a qualified transportation fringe\nbenefit program as authorized by subdivision one of this section,\nemployees of the city university of New York shall be permitted to use\npre-tax earnings to purchase qualified transportation benefits, in\naccordance with federal law and shall thereupon be entitled to such\npersonal income tax benefits as may be authorized by such law.\n