Qualification for the credit

Only qualified corporations are eligible for the Traffic Reduction Tax Credit. A qualified corporation is a corporation that: (1) Is an affected employer; (2) Participates in the traffic reduction program pursuant to sections 13b-38o through 13b-38x, inclusive, of the Connecticut General Statutes; (3) Has incurred, on or after January 1, 1995, direct costs to implement a traffic reduction program at each work location; and (4) Has a plan that has been approved by the department.