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A04417 Summary:

BILL NOA04417
 
SAME ASNo Same As
 
SPONSORBologna
 
COSPNSR
 
MLTSPNSR
 
Add §107, Ec Dev L; add §187-s, Tax L
 
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.
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