Bill Texts: NY A02271 | 2023-2024 | General Assembly

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]

Bill Drafts

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Introduced2023-01-25HTML/TextLinkView

Amendments

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No bill amendments currently on file for New York A02271

Supplemental Documents

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No supplemental documents for New York A02271 currently on file.

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