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New York bills · 2025 Regular Session

New York A 4417

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

  1. Introduced
  2. In committee
  3. Passed House
  4. Passed Senate
  5. To Governor
  6. Became law

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Summary

Official abstract published by the New York legislature

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.

Text versions

Roll-call votes

No recorded votes on this bill.

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