2.603 -Vanpool Credit

Item DescriptionFY2010 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  
IRCFederal 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.