Only qualified corporations are eligible for the Traffic Reduction Tax Credit. A qualified corporation is a corporation that:

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

(Adopted effective April 1, 1999)