SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2008 SPECIAL SESSION II

  • | print version

SB 6014 Income tax, state; deduction if utilizing alternative modes of transportation.

Introduced by: R. Creigh Deeds | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Income tax deduction; utilization of alternative modes of transportation.  Allows an individual to deduct up to 50% of the expenses incurred in utilizing public transportation to commute to and from work.  The bill also would allow a $500 deduction for an individual who utilizes ridesharing to commute to and from work, or who bicycles or walks to work. In order to be eligible for the $500 deduction, the individual would be required to use such modes of transportation at least 100 days annually.  The bill directs the Department of Taxation to develop guidelines for the implementation of the deductions.


FULL TEXT

HISTORY