H 4658
An Act establishing parking cash-out
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill, known as the ‘parking cash-out’ act, establishes a program allowing employees to opt-out of employer-provided parking benefits and receive a cash payment equivalent to the market rate cost of parking. Employers with 50 or more employees are required to offer this option, with monthly and daily cash-out options available. The program aims to provide employees with more flexibility in managing their transportation expenses and is subject to reporting requirements and adjustments based on the Consumer Price Index.
Key provisions
- Employers with 50 or more employees must offer a ‘parking cash-out’ program.
- Employees can opt-out of employer-provided parking benefits and receive a cash payment.
- The cash payment is equivalent to the ‘market rate cost of parking’, determined based on public parking rates or similar spaces.
- Employers must maintain records and provide clear information to employees about the program.
- The ‘market rate cost of parking’ will be adjusted annually based on the Massachusetts Consumer Price Index.
- Employers must report data on employee participation and parking benefits to the Department of Transportation.
- Municipalities may reduce parking requirements for employers participating in the program.
- Employees must certify compliance with employer guidelines to avoid penalties.
Who is affected
- Employees
- Employers (particularly those with 50 or more employees)
- Municipalities
- The Department of Transportation
Sponsors
Official sponsors from legislative records.
Primary sponsor
Joint Committee on Labor and Workforce Development
Cosponsors
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Bill H.4658 194th (Current)
An Act establishing parking cash-out
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Bill Information
Bill Information
Sponsor: Joint Committee on Labor and Workforce Development Status: Referred to House Committee on Ways and Means
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Bill History Cosponsors
Bill History
Displaying 3 actions for Bill H.4658
| Date | Branch | Action |
| 10/29/2025 | House | Reported from the committee on Labor and Workforce Development |
| 10/29/2025 | House | New draft of H2154 |
| 10/29/2025 | House | Bill reported favorably by committee and referred to the committee on House Ways and Means |
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