Extends the commute trip reduction tax credit for employers and property managers in Washington.

The bill extends the commute trip reduction tax credit for employers and property managers in Washington. Employers and property managers who provide financial incentives for employees and workers to use public transportation, car sharing, ride sharing, or nonmotorized commuting before January 1, 2035, can claim a tax credit. The credit is limited to $100 per employee or worker per fiscal year. The bill also sets a cap on the total tax credits allowed per fiscal year and prohibits credits from being claimed after June 30, 2035.

Extends the commute trip reduction tax credit for employers and property managers in Washington.

The bill extends the commute trip reduction tax credit for employers and property managers in Washington. Employers and property managers who provide financial incentives for employees and workers to use public transportation, car sharing, ride sharing, or nonmotorized commuting before January 1, 2035, can claim a tax credit. The credit is limited to $100 per employee or worker per fiscal year. The bill also sets a cap on the total tax credits allowed per fiscal year and prohibits credits from being claimed after June 30, 2035.