NY S05846 | 2023-2024 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on March 20 2023 - 25% progression
Action: 2024-05-14 - REPORTED AND COMMITTED TO FINANCE
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Establishes the work opportunity tax credit for businesses with fifty employees or less for hiring a long term unemployed person; provides a credit shall be allowed of up to $2,400; provides the total amount of credit provided statewide shall not exceed fifteen million dollars.

Tracking Information

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Title

Establishes the work opportunity tax credit for businesses with fifty employees or less for hiring a long term unemployed person; provides a credit shall be allowed of up to $2,400; provides the total amount of credit provided statewide shall not exceed fifteen million dollars.

Sponsors


Roll Calls

2024-05-14 - Senate - Senate Budget And Revenue Committee Vote (Y: 7 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2024-05-14SenateREPORTED AND COMMITTED TO FINANCE
2024-01-03SenateREFERRED TO BUDGET AND REVENUE
2023-03-20SenateREFERRED TO BUDGET AND REVENUE

Same As/Similar To

A05239 (Same As) 2024-01-03 - referred to ways and means

New York State Sources


Bill Comments

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