New York Bill Creates Incentives for Truck Parking

The New York State Legislature is considering a measure that would create tax incentives and a loan program to fund truck parking in the state. The bill, S3773, would create a 50 percent tax credit for owners or operators of private rest areas, truckstops and travel plazas that provide truck drivers with safe parking, and create a 20 percent tax credit for shipping and receiving facilities that agree to provide truck drivers with a secure area to rest while waiting for pending appointments or to observing federal hours-of-service regulations. The measure is awaiting consideration in the Senate Transportation Committee.
More
 

truckparkingNATSOIA.jpg

The New York State Legislature is considering a measure that would create tax incentives and a loan program to fund truck parking in the state. The bill, S3773, would create a 50 percent tax credit for owners or operators of private rest areas, truckstops and travel plazas that provide truck drivers with safe parking, and create a 20 percent tax credit for shipping and receiving facilities that agree to provide truck drivers with a secure area to rest while waiting for pending appointments or to observing federal hours-of-service regulations. The measure is awaiting consideration in the Senate Transportation Committee.

 

Photo Credit: Ira Wexler/NATSO

Digital-Tablet-With-Clipping-P-28426844.png

This article originally ran in NATSO News Weekly (NNW), NATSO's member only weekly electronic newsletter. NNW is packed with the latest updates on government and business issues affecting the truckstop and travel plaza industry.

If you aren't reading NNW, you are missing out. Not a memberJoin today or submit a request to receive additional information. If you are a member and not receiving NNW, submit a request to be added to the email list.

Subscribe to Updates

NATSO provides a breadth of information created to strengthen travel plazas’ ability to meet the needs of the travelling public in an age of disruption. This includes knowledge filled blog posts, articles and publications. If you would like to receive a digest of blog post and articles directly in your inbox, please provide your name, email and the frequency of the updates you want to receive the email digest.