any month during which such employee regularly uses a bicycle for a portion of the travel between the employee’s residence and place of employment. . (e) Limitation on exclusion (1) In general Subparagraph (C) of section 132(f)(2) of such Code is amended by striking applicable annual limitation and inserting applicable monthly limitation . (2) Applicable monthly limitation defined Clause (ii) of section 132(f)(5)(F) of such Code is amended to read as follows: (ii) Applicable monthly limitation The term applicable monthly limitation , with respect to any employee for any month, means an amount equal to 20 percent of the dollar amount in effect for the month under paragraph (2)(B). . (3) Aggregate limitation Subparagraph (B) of section 132(f)(2) of such Code is amended by inserting and the applicable monthly limitation in the case of any qualified bicycle commuting benefit . (f) No constructive receipt Paragraph (4) of section 132(f) of such Code is amended by striking (other than a qualified bicycle commuting reimbursement) . (g) Conforming amendments Paragraphs (1)(D), (2)(C), and (5)(F) of section 132(f) of such Code are each amended by striking reimbursement each place it appears and inserting benefit . (h) Effective date The amendments made by this section shall apply to taxable years beginning after December 31, 2018.