Bill Title: Creates a tax credit for manufacturing companies that have one established place of business in the state and relocate a minimum of fifty employees from outside the state to the state; provides that manufacturing companies shall be allowed a credit in the amount of 2.5 percent of the average salaries of newly created manufacturing jobs multiplied by number of new jobs brought to the state.

Spectrum: Strong Partisan Bill (Republican 11-1)

Status: (Introduced) 2024-01-03 - referred to economic development [A02271 Detail]

Text: Latest bill text (Introduced) [HTML]

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