Studies & Reports
Utilization and Impacts of Commuter Tax Deductions for Businesses
During its 2020 session, the General Assembly considered Senate Bill 277 establishing an individual and corporate income tax deduction for commuter benefits provided by a private employer to its employees for the taxable years 2021 through 2025. The legislation required DRPT to study the impacts of the legislative language.
DRPT’s analysis had several components, including considering comparable states and jurisdictions, examining the commuter benefits that Virginia businesses currently provide, and analyzing the impact of COVID-19 on public transportation.