· NY legislature · 2025-2026

Creates a tax credit for manufacturing companies that have one established place of business in the state and relocate at least fifty employees from outside the state

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 create…

Sponsor

Paul Bologna (R-NY)

Introduced

2025-02-04

Policy area

Taxation

Latest action

REFERRED TO ECONOMIC DEVELOPMENT