SENATE BILL 105

Sponsored By:

Senator Ruben

Entitled:

Tax Credit for Cost of Providing Commuter Benefits to Employees

Synopsis:

Allowing specified business entities a credit against the State income tax for 50% of the transit costs incurred by employers that provide guaranteed ride home or licensed taxi service commuter benefits to employees.

History by Legislative Date

Senate Action

1/17

First Reading Budget and Taxation

1/19

Hearing 2/1 at 3:00 p.m.

3/6

Unfavorable Report by Budget and Taxation

House Action

No Action

Bill indexed under the following Subjects:

COMMUTERS -see also- CAR POOLS

INCOME TAX

TAX CREDITS -see also- CIRCUIT BREAKER

TAXICABS

TRANSPORTATION -see also- AIRCRAFT; AIRPORTS; BOATS; etc

WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc

Bill affects the following Statute:

Environment

( 2-901 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled

Fiscal Note: Available (PDF)

Amendments: None offered