New York City employers with 20 or more full-time employees will be required to offer pre-tax transit benefits under the Affordable Transit Act, which takes effect on January 1, 2016. Companies that do not comply will be subject to a civil penalty, but employers will have 90 days to remedy a violation before the penalty is imposed. To allow businesses adequate time to adjust to the new law, employers will not be subject to penalties for violations that take place before July 1, 2016.