SB 970: RELATING TO TAXATION.
- Session Year: 2025-2026
- House: Senate
- Latest Version Date: 2025-02-13
Current Status:
In Progress
(2025-12-08: Carried over to 2026 Regular Session.)
Introduced
In Committee
First Chamber
In Committee
Second Chamber
Final Decking
Enacted
Version:
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. Requires reports to the Legislature. Effective 7/1/2050. (SD1)
Discussed in Hearing
3MINFeb 11, 2025
Senate Standing Committee on Transportation and Culture and the Arts
3MINFeb 11, 2025