S.B. 200
         TAX CREDIT FOR EMPLOYER PURCHASE OF PUBLIC TRANSIT PASS

Senate Committee Amendments

Amendment 2 February 21, 2014 8:42 AM



Senator Todd Weiler proposes the following amendments:

1.    Page 2, Lines 55 through 58 :    

             55          (2) Subject to the other provisions of this section,
  for a taxable year beginning on or after January 1, 2014, but beginning on or before December 31, 2016,       an employer that is a corporation

             56      may claim a nonrefundable tax credit against a tax under this chapter for a taxable year for the
             57      purchase of one or more eligible public transit passes for use in this state by an employee of the
             58      employer if the employer:

2.    Page 5, Lines 144 through 147 :    

             144          (2) Subject to the other provisions of this section,
  for a taxable year beginning on or after January 1, 2014, but beginning on or before December 31, 2016,       an employer that is a claimant,

             145      estate, or trust may claim a nonrefundable tax credit against a tax under this chapter for a
             146      taxable year for the purchase of one or more eligible public transit passes for use in this state by
             147      an employee of the employer if the employer:

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