Bill > S2079

This bill establishes a refundable tax credit for individuals who incur commuting expenses for specific purposes, including employment, education, medical appointments, or volunteer service with a qualified charitable organization (as defined by U.S. tax code). The credit would allow taxpayers to claim 58.5 cents per mile driven, with a maximum annual credit of $5,000 per tax filing. The provision is set to take effect on January 1, 2025, and interestingly, the bill also includes a section that would automatically repeal the credit on January 1, 2026, effectively making this a temporary tax measure. This type of tax credit is designed to provide financial relief to individuals who face significant transportation costs related to essential activities like work, education, and healthcare, potentially helping to offset the economic burden of commuting expenses.

Budget and Finance

https://malegislature.gov/Bills/194/S2079