Bill Title: Provides a 50% tax credit for new income tax revenue generated by a new employee; provides credit may be taken up to 10 years; provides that the Department of Economic Development must monitor and certify the additional employment for any business which applies for the credit; provides any company taking the credit must maintain employment in the state for twice the number of years as the term of the tax credit; provides the Department of Economic Development shall annually report to the governor and the Legislature on the number and amounts of credits.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2012-01-19 - print number 776a
[A00776 Detail]
Bill Drafts
Revision | Date | Format | Source | View |
Introduced | 2011-05-26 | HTML/Text | Link | View |
Amended | 1969-12-31 | HTML/Text | Link | View |
Amendments
Amendment | Date | Disposition | Format | Source | View |
No bill amendments currently on file for New York A00776 |
Supplemental Documents
Title | Description | Date | Format | Source | View |
No supplemental documents for New York A00776 currently on file. |
Social Comments on NY A00776