Extending the commute trip reduction tax credit.

 H-1445.3

SUBSTITUTE HOUSE BILL 1043

State of Washington

69th Legislature

2025 Regular Session

By House Finance (originally sponsored by Representatives Wylie, Doglio, Fey, Ramel, Shavers, Fosse, Salahuddin, Reeves, and Hill)

READ FIRST TIME 02/26/25.

AN ACT Relating to commute trip reduction tax credit; amending RCW 82.70.020 , 82.70.040 , and 82.70.900 ; creating a new section; providing an effective date; and declaring an emergency.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

Sec. 1. RCW 82.70.020 and 2024 c 310 s 608 are each amended to read as follows:

(1) Employers in this state who are taxable under chapter 82.04 or 82.16 RCW and provide financial incentives to their own or other employees for ride sharing, for using public transportation, for using car sharing, or for using nonmotorized commuting before January 1, (( 2025 )) 2035 , are allowed a credit against taxes payable under chapters 82.04 and 82.16 RCW for amounts paid to or on behalf of employees for ride sharing in vehicles carrying two or more persons, for using public transportation, for using car sharing, or for using nonmotorized commuting, not to exceed $60 per employee per fiscal year.