Authorizes a tax credit for businesses that pay the public transportation costs of employees. Applies to counties having populations of 700,000 or more. Applies for taxable years beginning after 12/31/2024 but not beginning after 12/31/2029.
More detail
Requires reports to the Legislature. Effective 7/1/2050. (SD1)
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More on this bill
Where it stands
Introduced
2Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Dec 8Carried over to 2026 Regular Session.Latest
Feb 14Reported from TCA/EIG (Stand. Com. Rep. No. 614) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
Feb 14Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Minor
Feb 11The committee(s) on TCA recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in TCA were as follows: 4 Aye(s): Senator(s) Lee, C., Elefante, Kanuha, DeCorte; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Inouye.Minor
Vote recorded The committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Vote recorded The committee(s) on TCA recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Feb 11The committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EIG were as follows: 4 Aye(s): Senator(s) Wakai, Chang, DeCoite, Richards; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.Minor
Feb 5The committee(s) on TCA/EIG has scheduled a public hearing on 02-11-25 3:00PM; Conference Room 224 & Videoconference.