SENATE BILL 892

Sponsored By:

Senators McFadden and Ruben

Entitled:

Downtown Commuter Benefits Act of 2001

Synopsis:

Allowing a business entity to claim tax credits for the business entity's costs of providing funds for the development and operation of mass transit service, other than a taxi service, that provides transportation to the business entity's employees at no additional cost or at a reduced fare; and applying the Act to tax years after 2001.

History by Legislative Date

Senate Action

3/5

First Reading Senate Rules

3/22

Re-referred Budget and Taxation

3/21

Hearing 3/22 at 1:30 p.m.

4/4

Withdrawn

House Action

No Action

Sponsored by:

Senator Nathaniel J. McFadden, District 45

Senator Ida G. Ruben, District 20

Bill indexed under the following Subjects:

COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc

COMMUTERS -see also- CAR POOLS

MASS TRANSIT -see also- BUSES; RAILROADS

TAX CREDITS -see also- CIRCUIT BREAKER

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