2.603 -Vanpool Credit

Item	Description	FY2010	FY2011	FY2012
2.603	Vanpool Credit Business corporations are allowed a credit of 30% of the cost incurred during the taxable year for the purchase or lease of company shuttle vans used in the Commonwealth as part of an employer-sponsored ridesharing program. The shuttle vans must be used for transporting employees. Origin: M.G.L. c. 63, S. 31D, 31E, 31F Estimate: $0.1	0.1	0.1	0.1

Key:

ORIGIN
IRC	Federal Internal Revenue Code (26 U.S.C.)
M.G.L.	Massachusetts General Laws
U.S.C	United States Code
ESTIMATES	All estimates are in $ millions.