SB 6008-S - DIGEST
(DIGEST AS ENACTED)
Provides commute trip reduction incentives.
Provides that employers in this state who are taxable under chapter 82.04 or 82.16 RCW and provide financial incentives to their own or other employees for ride sharing, for using public transportation, for using car sharing, or for using nonmotorized commuting before June 30, 2012, are allowed a credit against taxes payable under chapter 82.04 or 82.16 RCW for amounts paid to or on behalf of employees for ride sharing in vehicles carrying two or more persons, for using public transportation, for using car sharing, or for using nonmotorized commuting, not to exceed sixty dollars per employee per year.
Requires the commute trip reduction task force to determine the effectiveness of the tax credit under this act as part of its ongoing evaluation of the commute trip reduction law and report to the legislative transportation committee and to the fiscal committees of the house of representatives and the senate. The report shall include information on the amount of tax credits claimed to date and recommendations on future funding for the tax credit program. The report shall be incorporated into the recommendations required in RCW 70.94.537(5).
Requires the department of transportation to administer a grant program for public agencies, nonprofit organizations, developers, and property managers who provide financial incentives for ride sharing in vehicles carrying two or more persons, for using public transportation, for using car sharing, or for using nonmotorized commuting, before June 30, 2012, to their own or other employees.
Provides that, if specific funding for the purposes of this act, referencing this act by bill or chapter number, is not provided by legislative appropriation to the multimodal transportation account by December 31, 2002, this act is null and void.
Repeals RCW 82.04.4453, 82.04.4454, 82.16.048, and 82.16.049.