Legislation
- Title
- Tax Credit - Commuter Benefits - Alterations
- Sponsored by
- Delegate Beidle
- Status
- In the House - Hearing 2/27 at 1:00 p.m.
- Analysis
- Fiscal and Policy Note
Synopsis
Increasing from 50% to 80% the percent of the cost of providing certain employee commuter benefits that a business may claim as a credit against the income tax and insurance premium tax; providing that the commuter benefits tax credit may be claimed for costs incurred in connection with travel between an employee's residence and place of employment; providing that a vehicle used to transport employees must incur certain mileage in connection with transporting individuals between their residences and places of employment; etc.
Committees
- Original:
- Ways and Means Click to view Recorded Media
Details
Bill File Type: Regular
Effective Date(s): July 1, 2018
History
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File Code
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Subjects
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Statutes
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(
2-901 )
(
6-120 )
(
10-715, 8-221 )
Last Updated: 2/3/2020 2:32 PM