August 30, 2022
By January 15, 2023, certain Washington, DC employers must report their compliance with the DC Parking Cashout Law of 2020. The reporting will cover future compliance. When available, the report templates will be available on the District Department of Transportation website.
The Cashout Law applies to employers with 20 or more employees in the district who offer free or subsidized parking benefits to employees. To comply, covered employers must implement one of the following compliance options:
Please note that the Cashout Law is in addition to the Employer Commuter Requirement. Since January 1, 2016, employers with 20 or more employees in DC must offer access to one or more of the transit benefit options. All employees working 50% or more of their service time in DC are counted in the following transit benefit options:
To comply, employers must:
DC employers should review both sets of requirements and comply as necessary.
Cashout Law Information and Reporting » Employer Commuter Benefits Toolkit »