Regulations of Connecticut State Agencies — Title 12

Conn. Agencies Regs § 12-217s-1

Definitions

Official textportal.ct.govlast amended Apr 01, 199916 subsections

As used in sections 12-217s-1 to 12-217s-10, inclusive:

# (1)

''Affected employer'' means an affected employer, as defined in section 13b-38o of the Connecticut General Statutes;

# (2)

''Approved direct cost'' means a direct cost which is claimed on the tax credit application and is determined by the department to support a qualified corporation's traffic reduction program;

# (3)

''Certified credit'' is the amount that a corporation may claim on its annual return, as certified by the department;

# (4)

''Corporation'' means any company which is required to pay a tax for the privilege of carrying on or doing business within the State in a corporate capacity pursuant to Chapter 208 of the Connecticut General Statutes;

# (5)

''Credit year'' means a year in which the department reviews tax credit applications and determines the amount of tax credits which will be received by each corporation that submitted a tax credit application;

# (6)

''Department'' means the Connecticut Department of Transportation;

# (7)

''Commissioner'' means the Commissioner of Transportation;

# (8)

''DRS'' means the Connecticut Department of Revenue Services;

# (9)

''Eligible Credit'' means the amount of credit calculated for each corporation by the department after adjustment for the statutory limit;

# (10)

''Income year'' means the corporation's fiscal year in which the corporation incurred direct costs for traffic reduction programs and services related thereto;

# (11)

''Maximum eligible credit'' means the amount of credit calculated for each corporation by the department prior to adjustment for the statutory limit;

# (12)

''Participating employee'' means an affected employee who utilizes a commute option at least 1 day per week, as certified by the qualified corporation employer;

# (13)

''Plan'' means any plan submitted by an affected employer pursuant to section 13b-38p of the Connecticut General Statutes.

# (14)

''Statutory Limit'' means the total amount of credits available under section 12-217 of the Connecticut General Statutes to all qualified corporations in a single credit year; and

# (15)

''Work Location'' means a site, building, group of buildings or set of contiguous buildings or portion thereof, under ownership, operation or control of an affected employer where employees perform work.

Amendment history

April 1, 1999

Source: official regulations index (title 12 publishes as one PDF)

Nearby sections (25 sections)

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