STATEMENT TO
SENATE COMMITTEE SUBSTITUTE FOR
SENATE, Nos. 498 and 927
with Assembly Floor Amendments
(Proposed By Assemblyman GREGG)
ADOPTED: JUNE 24, 1996
This bill would repeal current State law mandating employers to undertake employer trip reduction programs, but maintain the tax benefits established for such participation as an incentive for employers to continue to encourage alternative means of commuting by providing commuter transportation benefits. These Assembly amendments would provide increased tax benefits to those employers and their employees who had filed compliance plans pursuant to the "New Jersey Traffic Congestion and Air Pollution Control Act."