Measure Title: RELATING TO TAXATION.
Report Title: Tax Credit; Businesses; Employees; Public Transportation; Reports
Description: 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)
Companion:  HB577
Package: None
Current Referral: TCA/EIG, WAM
Introducer(s): ELEFANTE, FUKUNAGA, RHOADS
Act:

Sort by Date Status Text
2/14/2025SReport adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.
2/14/2025SReported from TCA/EIG (Stand. Com. Rep. No. 614) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.
2/11/2025SThe committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EIG were as follows: 4 Aye(s): Senator(s) Wakai, Chang, DeCoite, Richards; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Fevella.
2/11/2025SThe committee(s) on TCA recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in TCA were as follows: 4 Aye(s): Senator(s) Lee, C., Elefante, Kanuha, DeCorte; Aye(s) with reservations: none ; 0 No(es): none; and 1 Excused: Senator(s) Inouye.
2/5/2025SThe committee(s) on TCA/EIG has scheduled a public hearing on 02-11-25 3:00PM; Conference Room 224 & Videoconference.
1/23/2025SReferred to TCA/EIG, WAM.
1/21/2025SPassed First Reading.
1/17/2025SIntroduced.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB970 SD1
All Versions of this Measure
SB970_SD1 Link to SB970_SD1 .PDF file
SB970 Link to SB970 .PDF file
Committee Reports
SB970_SD1_SSCR614_ Link to committee report SB970_SD1_SSCR614_ .PDF file
Testimony
SB970_TESTIMONY_TCA-EIG_02-11-25_
Hearing Notices
TCA/EIG
2/11/25 3:00P
CR 224 & Videoconference